Remainers predicted unemployment would rise by 500,000 after Brexit. Yet, again, the fear campaign has proven to be wrong with unemployment falling by 55,000 to the lowest rate since the 1970s.
The unemployment rate during the period of May to July 2018 was 4.0 per cent. It has not been that low since December 1974 to February 1975.
Unemployment has reached levels unseen since before Britain joined the European project.
The new figures were published by the ONS today and show that the pro-EU establishment’s predictions have once again proven to be baseless.
With 1.36m Brits out of work in July, the lowest percentage seen for decades at just 4.0 per cent, these latest figures show a strengthening of the economy. A clear showing that Brexit will not bring the doom and gloom those fighting for a second chance to vote on the referendum wish us to believe.
ONS reports that “there were 833,000 job vacancies for June to August 2018, the highest figure on record and 44,000 more than a year earlier.”
“For May to July 2018, 75.5% of people aged 16 to 64 were in paid work – up from 73.3% for a year earlier.”
The new figures support Leaver’s predictions and give clear justification for the government to stop pandering to the EU’s wishes and to make a clear and complete break from the European Union.
SHARE THIS POST