Working Hours
The question
To ask the Chancellor of the Exchequer, if she will make an estimate of the number of working age people who have reduced their working hours as a result of marginal state income deductions.
Answered by James Murray
The Office for Budget Responsibility's October 2024 Economic and Fiscal Outlook (EFO) contains forecasts and assessments of government policy. Once the impact of all the Budget measures are taken into consideration, the OBR expect the employment level to increase from 33.1 million in 2024 to 34.3 million in 2029.
This government is committed to increasing labour supply and tackling the recent rise in labour market inactivity. The Get Britain Working White Paper sets out the government’s strategy to support people back into work, and help them stay in work.
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