New figures from the Office for National Statistics show that our long-term economic plan is working with nearly 1.6 million more people in work since the election.
These strong jobs numbers are excellent news, and a clear sign that our long-term economic plan is working. There are now a record number of jobs in Britain – and we are another step closer to meeting the target the Chancellor has set to achieve full employment. Every job created means another family with more financial security and the prospect of a brighter future.
These remain difficult times for families, who are still feeling the impact of the Great Recession, but the foundations for a broad based recovery are now in place.
The only way to raise living standards is to build on these foundations and keep growing the economy and creating more jobs.
The biggest risk to economic security would be abandoning the plan that is delivering this.
Labour left nearly half a million more people without a job and Ed Miliband predicted that our economic plan would ‘lead to the disappearance of a million jobs’.
But there are now nearly 1.6 million more people in work and unemployment is down 285,000 on the election. Labour’s wild predictions about our economic plan have been exposed for the short-term politicking that they always were.
Labour don’t have a long-term plan to secure Britain’s future – all they care about is their own short-term self-interest – and hardworking people would be worse off as a result.
· Employment: 30.43 million (up 283,000 this quarter and up 1.59 million since the election).
· Employment rate: 72.7 per cent (up 0.6 points this quarter and up 2.4 points since the election).
· Unemployment: 2.21 million (down 133,000 this quarter and down 285,000 since the election).
· Unemployment rate: 6.8 per cent (down 0.4 points this quarter and down 1.2 points since the election).
· Claimant count: 1.12 million in April (down 25,100 on March and down 378,000 since the election).
· Total weekly pay: in January to March 2014 this was up by 1.7% over the year.
· 1.2 million of the jobs created since the election have been full-time.
· The proportion of women in work hit 67.7 per cent – the highest since records began.
· Long-term unemployment is down 32,000 over the last three months, and down 89,000 on the year.
· The number of unemployed young people fell by 48,000 over the last three months, and is down by 75,000 since the election.
· The number of young people claiming Jobseeker’s Allowance has been falling for the last 23 months.