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Latest labour market statistics have shown that the number of self-employed people in the UK has remained stable at approximately 4.8 million.

The data from the Office of National Statistics (ONS) also shows that overall employment has continued to grow, with 427,000 more people in work today compared to the same time last year

The Association of Independent Professionals and the Self-Employed (IPSE) responded to these latest statistics.

Tom Purvis, IPSE’s Political and Economic Advisor, commented, “Self-employment has grown rapidly since the financial crash, and although it hasn’t increased this month, its stability shows it is here to stay. Taken alongside the news that employment levels have risen again, this paints an undeniably positive picture of the UK labour market right now.”

He added, “Self-employment is allowing many who might not otherwise be able to – from retirees to disabled people – to make a major contribution to the UK economy. In fact, overall, the self-employed contribute no less than £271 billion to the UK economy – money that can be spent on schools, the NHS and a whole host of other important areas.”

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