NEWS


  • MP WELCOMES NEW JOB FIGURES AS UNEMPLOYMENT HITS 11-YEAR LOW

    Mel Stride

    CENTRAL DEVON MP Mel Stride has welcomed job figures released today (16/11/16) that show unemployment fell by 37,000 in the three months to September, reaching an 11-year low of 4.8%. 461,000 more people are now in work compared to this time last year and the number of people claiming out-of-work benefits is close to its lowest rate since 1975.

    Commenting on the figures Mr Stride said:

    “These are another very positive set of economic figures which underline the resilience of the UK economy and show that businesses are still continuing to grow and take on new staff. Unemployment is now down by almost a million since 2010, with unemployment in Central Devon down by 51% over this period. This progress is a testament to the Government’s pro-business policies that have particularly helped small and medium-sized businesses and its determination to tackle long-term unemployment, which is now at an 8-year low. But there must be no room for complacency and continuing to get our country’s economy back on track will continue to be the Government’s top priority.”

    The figures also showed youth unemployment fell by 36,000 from the previous quarter and and average wages are continuing to grow at more than double the rate of inflation.







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