The claimant count is down, employment is up, and our long-term economic plan is helping more people find a job and get on in life – as today’s jobs figures show.
1. Claimant count down
For the first time since 2008, the number of people claiming Jobseeker’s Allowance has fallen below one million. Our plan is building a stronger, healthier economy, with fewer people relying on benefits and more having the security of work.
2. Record fall in unemployment
Unemployment is down 468,000 in the last year – the biggest annual fall on record. That’s giving more people the job they need to plan for a brighter future.
3. Employment up
There are now over 1.8m more people in work than in 2010 – that’s 1.8m people with the security of a pay packet to provide for themselves and their families. And there are now a record number of women in work.
4. Record fall in youth unemployment
Youth unemployment is down 213,000 in the last year – the biggest annual fall since records began.
5. Full-time employment up
Full-time employment is up 589,000 in the last year – showing that new jobs are secure and long-term.
Labour left nearly half-a-million more people out of work than when they came into office. Their plans for more ineffective spending, more borrowing and higher taxes would put jobs, the recovery and the security of Britain’s future at risk.
But our long-term economic plan is helping people from all over the UK find a job and get on in life. The plan is working but there’s still more to do.
We now need to finish the job, keep moving towards our target of full employment, and secure a better future for all of Britain.