Labour’s Parliamentary candidate for Sittingbourne & Sheppey, Guy Nicholson, has welcomed the fall in unemployment in the constituency last week but is still concerned by the “race to the bottom” with wages out-paced by price rises and people in part time work unable to find the full-time employment they want.
Guy Nicholson says: “A welcome fall in unemployment was announced last week, the statistics show us that in Sittingbourne and Sheppey there are residents finding work and coming off job seekers allowance.
Dig a little deeper though and you see all is not as good as it looks. Wages are almost static, average earnings have fallen way behind inflation, pay is only 0.3% higher than it was a year ago. Nationally, the number of people working part time who want a full time job has risen by over 250,000 since 2010 and still we have too many young people with no job and no prospect of finding one.
Last week’s statistics show us yet again, that the recovery is being made at our expense. We are being turned into a low wage, part time economy with a few at the top walking off with the rewards of everyone else’s hard work. This race to the bottom is not how you build a growing and competitive economy”