Stewart Jackson has welcomed new figures today showing 265,000 more people in work across the Eastern region since the last Labour Government and a record level of employment across the UK as a whole – with over 2.2 million more people enjoying the security of a job than in 2010.
In Peterborough, the number of people claiming Jobseeker’s Allowance while not in employment has fallen by 2,105- a 65% per cent drop – since 2010.
The figures also show that average pay is up 2.4% while inflation is close to flat. This means working people across Peterborough are seeing their wages grow and our plan for a higher-employment and higher-wage economy is working.
With UK employment at a record 73.9%, today’s official statistics show that our economic plan is working – creating jobs and growing pay packets for families in Peterborough as we continue to move towards the goal of full employment that we committed to in our manifesto.
Jobs are being created in Peterborough by businesses like Amazon and the BGL Group.
Stewart Jackson said:
‘Today’s figures are good news for families in Peterborough this Christmas. With employment at a record high – driven by an increase in full-time work – and wages continuing to grow above inflation, our plan for a higher-employment, higher-wage economy is working. We can see that here in Peterborough with new jobs being created by business like Amazon and the BGL Group.
‘The figures also show the number of people in Peterborough relying on Jobseeker’s Allowance while out of work has fallen by 2,105 since 2010 – a 65% drop.
‘Even as we end the year on a high, we cannot rest. Nearly 750,000 job vacancies show we have an opportunity to help even more unemployed people back into work. And with the introduction next year of the National Living Wage and 30 hours free childcare for working families, we will continue to work towards a higher-wage, lower-welfare society with opportunity and security at its heart.’