The labour market is thriving – but rates won't be rising just yet | Larry Elliott

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The labour market is thriving – but rates won't be rising just yet

 

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But they say they are!

Forget underemployment, low productivity and the Tories ability to bullshit the figures to make them sound amazing - it's thriving!

You only have to work for 1 day per fortnight to be classed as employed under DWP guidelines. Self employed people don't even have to work that much. Actual employment is at least a couple of million below the official figures.

Someone needs to tell Larry that we’ve had almost a decade of real wage cuts.

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