Created: 17 May 2017
Andrew has welcomed new data from the Office for National Statistics (ONS) which shows that unemployment in the UK has fallen to its lowest rate in 42 years. The figures have shown that the number of people in work is now at an all-time high, with an employment rate at 74.8%, which is the highest since records began in 1971.
The unemployment rate is now 4.6%, which is down from 5.1% for the previous year and the lowest since 1975. There were 1.54 million unemployed people, which are classified as people who are not in work but seeking and available to work. This figure is 53,000 fewer than for October to December in 2016 and 152,000 fewer than for the previous year.
Commenting on the figures, Andrew said, “I was very happy to hear the latest employment figures from the ONS. I’m glad we are continuing to get Britain back to work. When I became a MP, unemployment had rocketed, youth unemployment was at near record highs and the economy locally was struggling. Now we have record low rates of unemployment, below the national average.”