In a speech at the Port of Tilbury, Essex, Osborne will point to the fact that a higher proportion of adults are working in the UK than in the US for the first time in 35 years.
The chancellor is also announcing the 'claimant commitment'. This will come into effect on Monday, 7 April, and will require all claimants who have been on the Government's Work Programme for more than two years to do one of three things: take part in further training, visit a jobcentre daily or accept a community work placement.
Osborne will claim these changes will improve the ability of unemployed people to find work and make the welfare system fairer.
"That’s not fair to them because they get trapped in poverty and their aspirations are squashed. It’s certainly not fair to taxpayers like you, who get up, go out to work, pay your taxes and pay for those benefits," he said.
The other areas Osborne will mention in his speech are the increase in personal allowance to £10,000, to take effect on Sunday, 6 April, and the cuts to business and corporation tax, due to take effect on Tuesday, 1 April.
Chris Leslie, shadow chief secretary to the treasury, responded by setting out the ways that Labour would help people in work, especially those on low incomes and with families.
"Labour would deal with the cost of living crisis by cutting business rates for small firms and expanding free childcare for working parents," he said. "We also want to cut taxes for 24 million people on middle and lower incomes by introducing a lower 10p starting rate of tax."
