Unemployment now under 1% in Maidenhead
- Oct 17, 2014
Theresa May has reacted to the news that unemployment in the Maidenhead constituency has fallen below 1%. New figures released this week show that the percentage of people claiming unemployment benefit in Maidenhead has fallen to 0.9% – the joint lowest rate since current records began. The figures also show that, overall, the UK has seen the biggest annual fall in unemployment since records began.
New figures from the Office for National Statistics also show there are more people in work across the UK than ever before, including a record number of women in work. Since 2010, nationally there are 1.7 million more people in work with the security of a pay packet.
The UK is outperforming all other major advanced economies with the biggest fall in unemployment over the last year in the G7. 542,000 fewer people are claiming Jobseeker’s Allowance meaning more people are getting off benefits and into work. Youth unemployment has fallen by 253,000 over the last year – the largest annual fall since records began.
In Maidenhead, the number of people claiming Jobseeker’s Allowance is 548 – a fall of 61% since 2010.
Commenting, Theresa said: “It is great news that unemployment continues to fall across the country, and that it has reduced so dramatically in the Maidenhead area since 2010. This means more people with the security of a job, able to provide for their families. Thanks to the Government’s long-term economic plan, Maidenhead has one of the lowest unemployment rates in the UK – but we still need to go further to ensure that every person has the chance to earn a wage and fulfil their potential.”