24 January 2018

  |  CBI Press Team

Press release

Jobs growth returns, but living standards remain under pressure

Labour market statistics for September 2017 to November 2017 showed the number of people employed increased by 102,000. 

Jobs growth returns, but living standards remain under pressure

Matthew Percival, CBI Head of Employment, said:

“While it’s encouraging to see a return to jobs growth, and pay marginally increasing, higher inflation means living standards remain under pressure.

“With businesses already concerned about skills shortages, it’s essential current reforms help people gain the skills that firms need, ensuring the UK has a workforce fit for the 21st century, leading to higher productivity and pay.”