CENTRAL DEVON MP Mel Stride has welcomed figures released today (18/01/16) by the Office for National Statistics that show unemployment across the UK has remained at the lowest level for over a decade, down by 52,000 in the three months to November 2016 and down 900,000 since 2010. The unemployment rate held steady at 4.8%, down from 5.1% this time last year and down from 8% in 2010.
Mr Stride said:
“These are a very encouraging set of figures, particularly when broken down. Long-term unemployment is now at a 9 year low, youth unemployment, which went up by 44% under the last Labour Government, is now at a 12 year low and the employment rate among women is a record-breaking 69.9%. The Government should be very proud of its action to help deliver this record, with the introduction of shared parental leave, increasing child tax credits for lower income families and extending the free entitlement to early education, all having helped more women into work or return to work after having children There is always more that can be done however and maintaining a strong economy will pay for the services we rely upon will remain the Government’s top priority.”
Within Mr Stride’s Central Devon constituency unemployment has fallen by 54% since 2010, with fewer than 400 of his constituents now claiming unemployment benefits. Nationally the number of people claiming Job Seekers Allowance now stands at 797,000, down by 670,000 since 2010.