Unemployment Rate Lowest Since 1975

Worth keeping on about this. During the referendum Osborne and the Treasury said unemployment would rise by 500,000 in the immediate aftermath of a Leave vote. Today’s new figures:

Unemployment fell 57,000 between April and June 2017
157,000 fewer than for a year earlier
Unemployment rate is 4.4%
Down from 4.9% for a year earlier
The lowest since 1975

It was a big fat fib…

Tags: Unemployment

People: George Osborne

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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”