Worcester MP Robin Walker has warmly welcomed the UK’s low unemployment figures for 2018, and especially the City’s unemployment levels which remain well below the national average.

The latest stats show the United Kingdom has continued to improve upon its own record-breaking job figures with a new record employment rate of 75.8% and 32.53 million people in work in November, a figure higher than ever before.

Unemployment remained at a joint 43-year low of 4.0% with the employment rate reaching a new record high of 75.8%. These welcomed figures come as job vacancies remain at a joint record high with the data suggesting that employment opportunities continue to increase.

In Worcester, overall unemployment remains low at 1.7% and has not exceeded this percentage since the Spring of 2015. Youth unemployment remains extremely low at under 2%, far lower than the average for the region and the country as a whole. When Robin first became a Member of Parliament 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.

Robin welcomed the figures from the Office for National Statistics (ONS), which showed real wages increase for the tenth month in a row. Regular pay has grown 3.3% on the year – its fastest growth in almost a decade.

Commenting on the figures, Robin said:

“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.”

“This Conservative government continues to deliver for the people of this country by backing businesses to create good jobs, investing in infrastructure, introducing Universal Credit which is helping more people get into work quicker, and committing to training schemes and apprenticeships to ensure we have the best skilled workers for our future.”

Minister of State for Employment Alok Sharma said:

“Once again, we see a new record employment rate in the UK, 75.8 per cent, with more people in work than ever before. UK workers also got a much needed pay boost before Christmas with wages outpacing inflation for the tenth month in a row in November, growing  at the fastest rate in a decade.”

“There are 328,000 more people in work over the past year, almost entirely driven by full-time jobs as the government delivers an economy that works for the British people.”

“Our pro-business policies have helped boost private sector employment by 3.8 million since 2010, and as the Resolution Foundation’s latest report shows, the ‘jobs-boom has helped some of the most disadvantaged groups find employment’, providing opportunities across society.”

“Today’s figures also reveal the youth unemployment level has almost halved since 2010, with female employment at a near record high of 71.2%.”

“Over 3.4 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/