Rachel Reeves MP, Labour’s Shadow Work and Pensions Secretary, responding to today’s Labour Market Statistics, said:
“While today’s fall in overall unemployment is welcome, the figures show pay increasing at 0.3 per cent falling far behind inflation. It’s clear working people still aren’t seeing signs of recovery in their pockets with the cost-of-living crisis leaving them over £1,600 a year worse off since 2010.
“Out-of-touch ministers are failing to stand up for people who work hard, do the right thing and contribute but are left struggling to make ends meet. A Labour Government would tackle the cost-of-living crisis by raising the minimum wage, getting more homes built, extending free childcare provision, freezing gas and electricity bills and getting the next generation into work with a Compulsory Jobs Guarantee.”
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