To ask the Chancellor of the Exchequer, what effect the UK leaving the EU has had on average earnings.
Answered on
14 January 2022
The free trade agreement with the EU is the first the EU has ever reached based on zero tariffs and zero quotas, supporting families and businesses in every part of the UK.
Labour market data since January 2020 has been affected significantly by the impact of the Covid-19 pandemic and does not provide an indication of the effect of leaving the EU on unemployment or average earnings.
According to the latest Office for National Statistics nominal average weekly earnings stood at £586 in October 21. Unemployment stood at 1.4 million in the 3m to October 2021.
Answered by
Treasury