James Brokenshire has welcomed new figures which show the number of people out of work and claiming Jobseekers Allowance has fallen by 57% since 2010, as UK businesses continue to create more jobs.
The claimant count in Old Bexley & Sidcup fell by 20% over the last 12 months, with 130 more people in work than in October 2014. Across London, the economic recovery has seen 536,000 more people in work than in 2010 and the UK employment rate has now reached a record high of 73.7% of people aged between 16 and 64.
At the same time, figures from the ONS show that average way growth now stands at 3% which, with inflation close to 0%, means that working people are seeing their wages grow.
Commenting upon publication of the figures, James said:
“With more people in work than ever before and wages growing, the overall economic picture is looking more positive. There are now more women in work than ever before, a greater proportion of young people in work than at any time since 2006 and a quarter fewer people out of work for more than 12 months than at this time last year”.
“However, with more than 700,000 vacancies across the UK to be filled, there is more work to do and I welcome the Government’s continued efforts in helping people back into work.”