CBI responds to labour market statistics
The CBI commented on the latest ONS labour market data for the three months to February 2015, showing that unemployment fell by 76,000 to 1.8 million.
Neil Carberry, CBI Director for Employment and Skills said:
“It’s great to see 248,000 more people in work, the fastest rise in employment in just under a year – thanks to our flexible jobs market.
“With real wage growth rising people have a little more money in their pockets. But we need to see a recovery in productivity before wages can rise faster."