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New employment figures yesterday that showed a record number of people in work masked the cost of living crisis, unions and politicians have said.
The jobless total fell by 115,000 in the quarter to September to 1.96 million, the lowest figure since the start of the year, the Office for National Statistics (ONS) figures show.
But general union GMB leader Paul Kenny warned: "Many of the new jobs are precarious and badly paid while the real value of take-home pay for the rest of the workforce is 13 per cent below pre-recession levels."
TUC general secretary Frances O'Grady said that wage growth was so low it would take 12 years to recover to pre-recession real earnings.
"Huge concerns remain about the quality of many of the jobs being created and, as the Chancellor has found out to his cost, many people are not earning enough to pay much tax, if any," she said.
