The CBI today commented on the latest official labour market data, showing that employment rose by 154,000 in the three months to December and unemployment dropped by 14,000. Annual growth in regular pay in the three months to December was 1.3%, down from 1.4% in November.
Neil Carberry, CBI Director for Employment and Skills, said:
“It's pleasing to see businesses are continuing to create jobs, though the weakness of pay growth shows we are not out of the woods yet.
“It is particularly good that so much of this month's jobs growth is driven by full timers, given worries about under-employment. It's also good news that jobs are being created in most regions across the country.”
