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Employment figures

by danielbarker on 19 April, 2014

Figures published this week by the Office for National Statistics (ONS) show that more people are in work than ever before with levels of employment up to 30.4m. This shows that the Lib Dem plan to create a million jobs is working.

Unemployment has fallen by 77,000 in the three months to February 2014 to a rate of 6.9 percent – the lowest level in five years.

There’s also good news on salaries, with wages rising an average of 1.7 percent since last year, while inflation has dropped to 1.6 percent. Coupled with the Lib Dem £700 tax cut, which was delivered earlier this month, this means that working people get to keep more of their take home pay, helping to ease the squeeze on family budgets.

This wouldn’t be happening without the Liberal Democrats in government building a stronger economy in a fairer society.

Commenting, Danny Alexander said:

“These figures are some of the strongest evidence yet that we are embedding the recovery. We have record numbers in work and unemployment falling at the fastest rate in over a decade.

“With earnings now rising in line with prices and employment rising, these figures reinforce the fact that the only way to higher living standards is to take the difficult decisions needed to deliver our long term economic plan.

“There is still a great deal more to do, but today’s announcement is solid progress on building the stronger economy in a fairer society that Liberal Democrats entered coalition to deliver.”

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