Employers' Contributions
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increases in employers National Insurance Contributions on levels of employment.
Answered by James Murray
The Office for Budget Responsibility published the Economic and Fiscal Outlook (EFO) in March 2025, which sets out a detailed forecast of the economy and public finances, including their forecast on levels of employment https://obr.uk/efo/economic-and-fiscal-outlook-march-2025/#:~:text=Real%20earnings%20grow%20by%201.4,%2D26%20to%202029%2D30.
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