Labour market statistics response
The CBI commented on the latest ONS labour market data for the three months to June 2015, showing that unemployment rose by 25,000 and employment fell by 63,000 to 31m.
John Cridland, CBI Director-General, said:
“It is disappointing to see employment falling, caused by a drop in the number of people working part-time.
“And while the overall pace of pay growth has remained steady, it has reduced slightly in the private sector, where growth in regular pay has slowed and bonus payments have fallen.
“With the new National Living Wage forcing pay rises from early next year, the Government will need to keep a close eye on employment figures to ensure it minimises the negative effect of locking some people out of work.”
12 August 2015