Originally Posted by MTUK1:
“Basically flat over the last 10 years. Nothing to be proud of. Especially when the U.K. Has created more jobs than the entire EU put together in the last 6 years.”
Cameron's claim:
"For the first five years I was Prime Minister our economy created more jobs than the rest of the EU put together" 7 June 2016
Actual facts:
1. The definition Cameron used to get this result wasn't new jobs but people moving from one job to another. ie horizontal movement between jobs caused by low pay and job insecurity caused, zero hour contracts, temporary roles and job dissatisfaction.
So Cameron just spinning the figures again.
2. These figures only hold true for the first 3 months of each year as there is less job movement at the start of the year in the EU, whereas the UK sees large numbers of people wanting to start the year in a new role. Again due to job dissatisfaction.
3. Germany alone had higher employment growth than the UK over the period. Other countries such as Italy & Spain brought down the average as their economies crashed.
However, jobs growth in the EU was much greater than the UK in 2015 as the employment figures in Italy & Spain have been recovering.
4. The UK has seen the biggest fall in wages among the world's richest nations since 2007. Falling 10.4% between 2007 & 2015 compared to a 23% rise in Poland, a 14% rise in Germany, and 11% in France. Also proving that immigration did not cause the wage drop.
https://fullfact.org/europe/has-uk-c...t-eu-combined/
http://www.bbc.co.uk/news/business-36903032