Chamber comment on today’s employment statistics
Niamh Corcoran, policy adviser, North East England Chamber of Commerce said: ”This month’s labour market statistics show positive signs of recovery, with the North East seeing unemployment levels falling by 15.1% over the last quarter.
“However, employment levels dipped by 0.5%, suggesting there is still more ground to make up to ensure the labour market’s full recovery. National and more timely data shows that the number of UK workers on a company payroll has increased by 241,000 in August, returning the country to pre-pandemic levels.
“Whilst many of the indicators in today’s dataset suggest there is room for optimism, we are not out of the woods yet. With the end of the Furlough scheme fast approaching and a million workers and businesses still relying on the scheme, it is likely there will be an uptick in unemployment in the Autumn.”