Unemployment: Taxation

(asked on 27th November 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of her tax policies on the unemployment rate.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 3rd December 2024

The Office for Budget Responsibility’s October 2024 forecast, which takes into account tax measures announced in the Budget, expects the unemployment rate will fall to 4.1% next year and remain low until 2029.

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