Big regional disparities in net job creation across the UK since 2010

Labour analysis of Government figures shows:

· London and the South-East have accounted for almost half of all
net jobs created in the UK since 2010, despite accounting for only a quarter of
the population

·

The rest of the country has lagged behind with just one net job
in 200 created in the North East under the Conservatives.

Rebecca Long-Bailey MP, Labour’s Shadow Secretary for Business,
Energy and Industrial Strategy, commenting, said:

“New figures show that seven years of failure under the
Conservatives is holding most of this country back. Boasts about job creation
will ring hollow when there are few jobs being created across most of the
country and even then too many are poorly paid and insecure.

“The reality of Conservative failure is that with investment
falling and real wages still lower than before the crash, but chief executive
pay up 24% to over £5m since 2010, it’s the wealthy elite who are winning out
in the Tories’ rigged economy. 

“Only Labour has the ambition needed to deliver investment
across the whole country and create decent, well-paid jobs so that people in
every part of our country can live richer lives.”