CCR Magazine

You are here  :Home arrow News arrow Cameron claim on two million new jobs in next five years completely lacks credibility says GMB
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Cameron claim on two million new jobs in next five years completely lacks credibility says GMB PDF Print E-mail
Tuesday, 31 March 2015

“Many of the new jobs in this Parliament directly linked to the 3.2 million rise in population since 2007 which led to additional economic activity as would be expected while GDP per head is still 1.5% below 2007 levels,” says GMB.

GMB commented on Mr Cameron’s promise that the Conservatives would help create another two million jobs over the course of the next parliament if they are returned to Downing Street.

Paul Kenny, GMB General Secretary, said: "Cameron’s claim completely lacks credibility.

“The circumstances that gave rise to many new jobs in this Parliament are not likely to be repeated in the next one.

"Many of those new jobs are directly linked to the 3.2 million rise in population since 2007 which led to additional economic activity as would be expected. However GDP per head is still 1.5% below 2007 levels.

“Most of these new jobs are mainly low skilled, low paid and very precarious jobs many on zero hours. Even skilled workers in the UK face being undercut while wages are stagnant or falling in real terms.

“Most workers have seen little or no evidence of any recovery in living standards due to the Tories not promoting real economic growth based on investment and productivity gains.

“Growth due to demographics should not be confused with real GDP growth per head."

(Source - GMB Press Release)

 

 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197