Britain's Workforce Stagnated Under Conservatives Since 2019.

SUNAK, Rishi, 1980-; LABOR supply; LABOR market; STANDARD of living; INCOME; CONSERVATIVES

The UK labor market has stagnated under the Conservative Party since 2019, according to recent employment and participation figures. Prime Minister Rishi Sunak, who is facing a tough re-election, claims that the economy has turned a corner, but experts argue that the period since Boris Johnson's election victory has been "dismal" for employment. The data shows that there has been no increase in the number of people employed since 2019, and nearly a million people have dropped out of the workforce. Long-term sickness has contributed to this inactivity, leading to labor shortages and elevated inflation and interest rates. Household incomes are also projected to fall over the current parliament. Experts emphasize the need for urgent employment support reforms to address these issues. [Extracted from the article]

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