James Reed has urged Chancellor Jeremy Hunt, inset, to cut taxes and National Insurance to encourage more folk to get jobs after a workforce exodus during the pandemic.
The Bank of England said since Covid, 132,000 people have left the labour force.
It comes after The&nbsp;Organisation for Economic Co-operation and Development this week said Mr Hunt's decision to freeze income tax thresholds until 2028 will pile "significant" pressure on households.
<img style="width: 251px;" src="https://cdn.magzter.com/1583505505/1686283336/articles/gOZlYeVh_1686285315453/8811864466.jpg" height="251">
Mr Reed said: "For a lot of these in people their 50s, if the marginal rate of tax is&nbsp;high it is going to put them off. Anything that can make work pay more is a good thing because it will encourage more people back."
He warned a recession is likely with fewer jobs available and with firms holding back on offering graduate roles after the hit pandemic work experience opportunities.

TOO TAXING TO FIND JOB

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.