Local jobless rate hits a three-year low

January 29, 2014 5:28 PM

Carshalton and Wallington MP Tom Brake has welcomed the news that local unemployment has fallen to its lowest levels in three years.

Figures released by the Office of National Statistics (ONS) on 22 January 2014 show that the number of people claiming Job Seekers' Allowance (JSA) in Carshalton and Wallington has fallen for the tenth consecutive month. The data also reveals an 18.6 per cent decline in the number of long-term unemployed locally.

The number of people claiming the out-of-work benefit in Carshalton and Wallington declined by 567 - from 2,035 in December 2012 to 1,468 in December 2013, an annual fall of 27.9 per cent.

Additionally, according to figures released by the ONS on 28 January 2014, the economy is growing at the fastest rate we've seen since 2007. This growth helps explain the 216 new companies that were registered in Sutton between July 2013 and September 2013, an increase of 6.9% since the same period last year.

Tom said "Locally and nationally, the economy is growing, businesses are gaining confidence and the number of jobs available is on the rise. There is more to be done but this is excellent news, as every new job means that an extra person in Carshalton and Wallington is able to take home a pay packet and provide for their families."

"Liberal Democrats in government are delivering on our promise to build a stronger economy and a fairer society. We have helped create over 1 million private sector jobs and are already on course to delivering a million more."

The positive trend can be seen in all major age groups in Carshalton and Wallington. The number of JSA claimants aged between 18-24 years old has fallen by 25.8 per between December 2012 and December 2013, while the number of recipients who are 50 years old or older has declined by 22.1 percent in the same period.

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