- New figures show there are four million more people in work since the Conservatives came to power in 2010, helping to grow the economy.
- The Office of National Statistics (ONS) released figures showing there are 33.09 million people in work in the UK, with the unemployment rate near record highs of 76 per cent – up 5.8 percentage points since 2010, with vacancies falling.
- Wages also grew by the largest rate outside of the pandemic at 7.2 per cent, helping people manage costs as the Conservative Government continues to halve inflation.
The North East sees the largest increase in the employment rate, in glowing testament to levelling up projects across the region.
As the number of people in work grows, figures also show the North East has had the largest decrease in unemployment rates, meaning more people have the security of their own income.
New figures published by the Office of National Statistics show there are a total of 33.09 million people in work in the UK – this is an increase of 382,000 people in the last year.
As jobs rise, vacancies are falling, with an unemployment rate of 3.8 per cent – near record lows, meaning the number of unemployed people in the UK has halved since 2010.
The Conservative Government have five priorities to halve inflation, grow the economy, reduce debt, cut waiting lists and stop the boats. These new figures show the Government are making progress in achieving their economic priorities, with a strong workforce and a resilient economy.
Commenting, Matt Vickers MP said:
“These are difficult times, with Britain’s economy shocked by Coronavirus and then impacted by Putin’s war in Ukraine.
“Today’s jobs figures show that we are beginning to bounce back stronger, with four million more people in work since 2010 and the highest increase of employment coming from the North East. It’s great to know our local economy will soon be showing the benefits of people earning their own money.
“Levelling up projects across the North East, including the Freeport, our International Airport, and new high-spec training facilities, are all creating new jobs and the skilled local workforce to fit them.
“Of course, there is more to be done to halve inflation, grow the economy and reduce debt – but these figures show the Conservatives are committed to ensuring everyone has the security of a job.”
Commenting, Work and Pensions Secretary Mel Stride said:
“We’re getting Britain people working with record number of people in jobs – representing the vigorous support we have in place to support people get into work.
“We are equipping the over 50s to return to work, removing barriers for parents on universal credit and supporting those who are sick or disabled.
“The Prime Minister has set out clear priorities to halve inflation, grow the economy, reduce debt, cut waiting lists and stop the boats. We are working non-stop to ensure more people are in work to achieve these priorities.
