The latest employment figures released today show the number of people in East Hampshire claiming Jobseeker’s Allowance fell by 465 – a 56 per cent drop – since 2010.
Today's figures show that Britain's economic plan continues to create jobs and increase pay for hardworking people in East Hampshire and across the country. With employment at its highest level ever, over 350,000 more people are in work across the UK than a year ago and unemployment is at its lowest level since 2008. The national trend has been mirrored across the South East with 219,000 more people across the region in work since 2010.
The figures also show that average pay growth is now 3 per cent – while prices are falling – and more young people are in work with youth unemployment among those not in full-time study falling to its lowest level in a decade – 6.2 per cent. Business confidence in the economy is shown by nearly three quarters of a million vacancies.
Damian said:
“Although there is a great deal more to do to ensure the economy continues to deliver the opportunities and security people need, today’s figures are good news for many families across the UK and the South East in particular.
“The 56 percent fall in people on Jobseeker’s Allowance in East Hampshire is significant and I remain confident that Britain’s current economic plan is the right one to deliver the growth that is so critical to our long term economic security.
“With recent data showing our trading partners’ growth is slowing, this is no time to be complacent and building a resilient economy - for a country that lives within its means - must remain our priority.”
“With recent data showing our trading partners’ growth is slowing, this is no time to be complacent and building a resilient economy - for a country that lives within its means - must remain our priority.”