James Brokenshire has welcomed the latest unemployment figures which show another significant fall in the number of people out of work, as the economy begins to recover and the Government announces that there are now more people in work than ever before.
The number of people claiming Jobseekers Allowance in Old Bexley and Sidcup dropped by 439 over the last 12 months, a fall of 38.5% on this time last year. The news means that the local unemployment rate is one of the lowest in the country.
There is also a positive picture nationally, with the number of people claiming Jobseekers Allowance falling by 25,100 between March 2014 and April 2014, bringing the total UK claimant count to its lowest level since November 2008.
The Government’s long term economic plan, reforms to education and training, including the Apprenticeship system and drive to lighten the burden of regulation on businesses and make the UK one of the best places to do business globally, have helped to provide an additional 1.7million jobs since the General Election.
Commenting on the statistics James said:
“It is great to hear that the number of people out of work continues to fall. Being out of work not only has obvious financial implications, but can also seriously affect morale, as well as cause a wide range of other social problems. The changes the Government has made and its commitment to strengthening the UK’s economy is now paying dividends, although there is still more to be done.”
“I hope that, as the economy continues to improve, even more opportunities will become available locally for those currently looking for work.”