Written Question·Treasury·UIN 901600

Unemployment: Taxation

Tabled: 27 November 2024
Answered: 3 December 2024
Named Day

Question

Damian Hinds

ConservativeEast Hampshire

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

Answer

James Murray
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.

Partner sites