Damian Hinds has welcomed today’s figures showing that unemployment has dropped to its lowest national rate since 2005, with 2.5 million more people in work than in 2010.
Today there are 320,000 more people in work across the South East and in East Hampshire the number of people claiming Jobseeker’s Allowance and Universal Credit has fallen by 635 – a 64 per cent drop – since 2010.
Damian said:
“The other good news is that wages are continuing to grow, with average total pay up 2.3 per cent while annual inflation remains close to flat. With the level of unemployed now at the lowest level in a decade, at just 5 per cent, these figures show that our strengthening economy is delivering real growth and opportunities.”