New data provides heart warming news on the health of the economy as we move into 2015 and I am grateful to Allister Heath for pointing out the
following:
- Pay is rising even taking account of price rises so Labour will no longer be able to claim that workers are seeing their pay cut
- Those who had been in a job for a while were already enjoying rises, it is now revealed
- Lower oil prices will be a boost to consumer spending
- Unemployment is down again - 6% compared to 7.4% a year ago
- Nearly three quarters of new jobs were full time
- There are more job vacancies now than before the crash in 2008
- Public sector employment continues to fall whilst the private sector is hiring
- Small firms are innovating and hiring; bringing new vibrancy to the economy
We need sound evidence for all these facts that cannot be disputed by the opposition ( media included ). The perception is that most new jobs are part time or zero hours contracts. The cost of living argument will continually be raised and bring doubts of the benefits of any pay increases.
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