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1987-1990 - Mr Major’s Written Parliamentary Answer on Unit Labour Costs

Below is the text of Mr Major's written Parliamentary Answer on Unit Labour Costs on 29th October 1987.


Mr. Hind Asked the Chancellor of the Exchequer what are the latest figures for unit labour costs in the United Kingdom.

Mr. Charles Wardle Asked the Chancellor of the Exchequer what are the latest figures for unit labour costs in the United Kingdom.

Mr. Major The latest figures show that in the first quarter of 1987 unit labour costs for the whole economy rose by 3.7 per cent. Manufacturing unit wage costs rose by 1.5 per cent. over the previous year in the three months ending in August.