Worcester’s MP has hailed the news that youth unemployment has fallen back to record lows in the faithful city as the Office for National Statistics (ONS) releases unemployment figures for November 2018.

When Robin first came into office in 2010, the youth unemployment rate stood at 6.3% for the previous month, and had reached record highs of 7.2% the previous summer – a shocking indictment of Labour’s record on jobs and opportunities for young people in the city. These latest figures are testament to the hard work undertaken by successive Conservative governments, delivering on their promises of economic stability and improving opportunities for young people.

Since that time the UK has created more than 3.3 million jobs and, according to the ONS, 2018 has been the best year to date for the British job market with 18 unemployment records being broken.

At present the UK has reached its highest ever employment rate, has record low redundancies and youth unemployment, more women than ever in the workplace and record lows of gender and ethnicity based pay gaps.

New figures from the Office for National Statistics (ONS) show that the UK continues to have the best jobs market in decades with the unemployment rate at a near record 40 year low, 4.1% and employment rate at a joint-record of 75.7%.

The figures also show real wages are up for the ninth month in a row, with regular pay up 3.3% on the year – its fastest growth in almost a decade.

Today’s (11 December 2018) figures also reveal the youth unemployment rate nationally has almost halved since 2010, with female employment at a near record high of 71.2%. Robin has particularly welcomed Worcester’s youth unemployment figures, which have dipped once again despite already being consistently at near all-time lows. The unemployment rate of young people aged 18-24 is at 1.6%, the lowest figure since monthly unemployment records for the city began in 1992.

Commenting on November’s figures, Robin said:

“These are among the best youth unemployment figures we have ever seen in Worcester, with the rate having fallen by over 75% since their record highs back in 2009. The growth in apprenticeships has been one factor in our success in bringing the jobless rate down, but I want to make sure that both Government and business are doing all they can to create new opportunities for young people.”

“I am pleased that Worcester continues to maintain consistently low unemployment rates, with November being the 43rd consecutive month that we’ve seen the city’s jobless rate at 1.7% or below. The recent Budget contained various measures to assist with the cost of living, and the positive wage growth we’ve seen today will further help to boost people’s pay packets.”

“I am committed to maintaining low levels of unemployment in my constituency, and ensuring that the people of Worcester have the widest possible range of employment opportunities available to them.”

Minister of State for Employment Alok Sharma said:

“Today’s statistics show the enduring strength of our jobs market, with wages outpacing inflation for the ninth month in a row and employment at a record high.”

“This is benefitting people across the country, with almost 400,000 more people in work in the last year. Putting more money in the pockets of working families, and showing the UK remains a great place to invest and do business.”

“Over 3.3 million more people have entered work since 2010, meaning an average of 1,000 more people in work every day. Sectors across the economy are benefiting, with 23,000 more manufacturing jobs in the last year and 22,000 more jobs in the hospitality sector.”

ENDS

Notes to editors

For the latest employment statistics for Worcester, please see:

https://www.nomisweb.co.uk/reports/lmp/wpca/1929380363/subreports/cca_time_series/report.aspx

For more of Robin’s recent statements on employment, see:

https://www.walker4worcester.com/category/jobs-2/