Increasing Inactivity A Worrying Sign
Reacting to the latest ONS Labour Market data, Jane Gratton, Deputy Director Public Policy at the British Chambers of Commerce said:
“It’s disappointing to see the number of economically inactive again ticking up, reversing recent trends. Employers need substantial flows of people back into job seeking and employment.
“The ONS data also shows vacancies remain well above pre-pandemic levels and wages outpacing inflation.
“Underneath these headline figures the skills crisis continues and the overall picture remains challenging. The Chancellor should introduce tax breaks in the Autumn Statement to help firms invest more in training and Occupational Health benefits.
“We need to tackle skills shortages, keep people in work and help those who want to work back into employment.”