15 May 2018

  |  CBI Press Team

Press release

'Embed wage increases via sustained productivity growth'

Labour market statistics for January 2018 to March 2018 show employment increased by 197,000 and unemployment decreased by 46,000.

'Embed wage increases via sustained productivity growth'

Matthew Percival, CBI Head of Employment, said:

“It’s good to see rising wages alongside strong jobs growth. The challenge now is to embed wage increases through sustained productivity growth, helping to improve living standards right across the UK.

“Working in partnership to deliver the industrial strategy, businesses and government can enhance productivity by improving routes to new skills and jobs. Reforming delivery of the apprenticeship levy and increasing the adoption of proven technologies will be critical to sustained success."