CBI comments on ONS report
The CBI today commented on the latest official labour market data, showing that employment rose by 155,000 and unemployment fell by 18,000 in the three months to August.
Neil Carberry, the CBI’s director of employment and skills, said, “Today’s figures suggest that the more positive economic outlook is beginning to flow through to the jobs market. However, overall unemployment remains high.
“It is really encouraging that today’s increase in employment is almost entirely driven by a rise in full-time work and that long-term unemployment has begun to drop.
“However, it is clear that pay restraint is underpinning employment growth so we must ensure that minimum wage policy continues to reflect the wider labour market to ensure people aren’t priced out of opportunities to work.”