Head office | 01772 653 000

Fylde coast office | 01253 347 063

  • In the three months to May 2016, employment rose by 176,000, and unemployment fell by 54,000
  • The unemployment rate was 4.9%, down from 5.6% a year ago
  • Average weekly earnings increased by 2.3% including bonuses, and by 2.2% excluding bonuses

Figures published yesterday (20th July) by the ONS show that the UK’s labour market continues to be a bright spot for the UK economy. The rise in employment echoes our own survey data and shows that, before the EU referendum, businesses were confident enough to hire and grow despite the softening economic environment.
Now that the UK has voted to leave the EU, businesses face new uncertainty in the transition to new economic and political arrangements. And not only from the vote, but also from how the apprenticeship levy and National Living Wage are implemented.
The government should guarantee that EU workers can stay in British firms following the referendum. To maintain business confidence, the government must provide clarity and stability, and press ahead with key infrastructure projects that will boost trade and productivity, empowering businesses to continue to grow and thrive.

Share Follow NWL Chamber on Facebook Twitter Share Follow NWL Chamber on LinkedIn Back to News channel

Latest Articles

Live Chat


Active Lancashire Logo blackpool and the fylde college bhm logo code galaxy fi real estate management fox group james brearley logo merlin ryan logo Sustainable Energy First Logo team leyland logo