Figures published today (14th May) showing a large fall in unemployment have been welcomed by Thornbury & Yate MP, Steve Webb.
The latest monthly figures show that in April 2014 there were 622 people out of work and claiming Jobseekers Allowance in Thornbury & Yate, a fall of a third in just over a year. There were 805 people on JSA in the local area at the time of the last election, with the number peaking at just over 1,000 in early 2012, but the unemployment rate has fallen dramatically since then, and the fall is now accelerating.
Commenting on the figures, Steve Webb said:
“It is great news that local businesses are creating more and more jobs for local people. A fall in unemployment of one third in just over a year is a stunning achievement and it is good to see that people of all ages are benefiting. I have been working hard promoting apprenticeships as a high quality option for young people in particular, and the growth in apprenticeships has helped to reduce unemployment. The majority of people who undertake apprenticeships impress their employers so much that they go on to a permanent job with the same firm, and they are a great route in to employment. I look forward to further falls in joblessness over the coming months, and salute everyone who is working hard to make the local economy such a success”.
Looking at all 650 Parliamentary constituencies in the UK, latest figures show that Thornbury & Yate is in the top 100 for its low unemployment rate.