ANOTHER DROP IN PETERBOROUGH UNEMPLOYMENT

Today's unemployment figures include a drop of 1,400 JSA claimants in Peterborough in the last year and a climant rate of 2.8% or 1,599 claimants.


New figures from the Office for National Statistics show that our long-term economic plan is securing a better future for Britain with 1.75 million more people in work than in 2010 and wages rising faster than inflation.

These figures are good news and show the hard work and sacrifice of the British people is paying off. A new milestone has been reached with the unemployment rate falling below 6 per cent for the first time in six years – that means more people with the stability and security of a job, able to provide for themselves and their family.

These jobs are not insecure or poorly paid – in fact three-quarters of the new jobs that have been created since the election are full-time and wages are rising faster than inflation with regular pay (not including bonuses) going up by 1.8 per cent and inflation at 1 per cent.

Our long-term economic plan to create more jobs and cap benefits to reward work is working, but we know there is more to do and that families are still feeling the impact of Labour’s Great Recession. This is why we need to stick with our long-term economic plan that is helping deliver economic security for hardworking taxpayers across our country.

On Labour: Labour left nearly half a million more people without a job and Ed Miliband predicted that our economic plan would ‘lead to the disappearance of a million jobs’. But there are now more than 1.75 million more people in work. This shows Ed Miliband is just not up to the job and Labour don’t have a plan for Britain’s future. They would put all the progress we have made at risk with their call for more spending and more borrowing. Chaos or the competence of a plan that is working – that is the choice at this crucial election.

 

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