Victoria Atkins MP has welcomed new figures showing that the number of people in Louth & Horncastle claiming Jobseeker’s Allowance fell by 690 - a 48 % drop - since 2010.
The figures show that the government’s reforms to rebalance the economy and help more people into work are succeeding, with over 400,000 more people across the country in work than a year ago and a record number of people working in the private sector. Business confidence in the economy is shown by nearly three quarters of a million vacancies, and jobs are being created in Louth & Horncastle.
The figures also showed that average pay growth is at 2.9 per cent – the fastest rise since 2002 – while inflation was only 0.1 per cent, meaning hardworking people in Louth & Horncastle have more money in their pockets; and youth unemployment has continued to fall – down 215,000 since 2010 – showing how this one nation government is ensuring the economic recovery is felt by all sections of society.
Victoria said:
‘With wages continuing to rise and 690 fewer people relying on Jobseeker’s Allowance these figures positive news for Louth & Horncastle. These figures show there is more financial security for people in work, and more families with the security and stability of a regular pay packet
I do not believe our job is done until everyone who is willing and able to work has the opportunity to do so. I will continue to stand up for Louth & Horncastle to improve job opportunities in this area. This figures show demonstrate we are on the right path to achieve this and are a testament to the success of the Conservatives’ one nation approach and clear economic plan.
We need to keep working though that plan - supporting firms, increasing training and providing more free childcare for working parents, as well as introducing a National Living Wage – so that everyone can succeed and achieve their full potential.”