Louth and Horncastle MP Victoria Atkins MP has welcomed new figures showing that the number of people in the constituency claiming Jobseeker’s Allowance fell by 690 - a 48 per cent drop - since 2010.
More than 400,000 more people across the country are in work than a year ago, with a record number of people working in the private sector. Youth unemployment has also continued to fall – down 215,000 in the last five years
Business confidence in the economy is shown by nearly three quarters of a million vacancies.
Average pay growth is at 2.9 per cent, the fastest rise since 2002, while inflation was only 0.1 per cent.
Mrs Atkins said: “With wages continuing to rise and 690 fewer people relying on Jobseeker’s Allowance these figures are positive news for Louth and 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.
She added: “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 and Horncastle to improve job opportunities in this area. This figures 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.”