As the UK celebrates its first ever ‘Purple Tuesday’ highlighting the huge potential of disabled consumers’ £249bn spending power, new figures show more than half of disabled people are now in work, outnumbering those who are workless.
In a further boost to the economy and consumer spending, wage growth outpaced inflation for an eighth month in a row, rising 0.9% in real terms (against CPIH inflation). Regular pay before inflation grew at its fastest in almost a decade, 3.2%.
The UK’s unemployment rate has also nearly halved since 2010, now at 4.1%.
The latest figures from the Office for National Statistics also revealed the employment rate remains high, at 75.5%, with a record number of people in employment – and over 3.3 million more people in work since 2010.
Work and Pensions Secretary Esther McVey said: “As we celebrate the anniversary of Disability Confident, we can see seismic shifts in opportunities for disabled people, with 973,000 more in work since 2013. That’s empowering hundreds of thousands more disabled people with new career opportunities, and creating a brighter future.
“Since 2010, employment has risen and unemployment has fallen in every single region of the UK. And with an average of 1,000 people moving into work each and every day, and three quarters of all new jobs in permanent, full time and high skilled roles, this shows our welfare reforms are working and delivering for people across the country.”