Unemployment at a 43 Year Low

Figures published by the Office for National Statistics (ONS) showed unemployment in Milton Keynes North and across the UK fell yet again in December.

In my MK North constituency just 1.6% of the economically active population were claiming Job Seekers Allowance, falling well below the national average of 3.1%.

The Department for Work and Pensions says the UK has continued to beat its own record-breaking job figures with a new record employment rate of 75.8% and 32.53 million people in work in November, more than ever before.

The ONS figures also showed real wages increased for the tenth month. Regular pay grew 3.3% on the year – its fastest growth in almost a decade. 

Our unemployment is at its lowest level since the 1970s. Wages are rising and young people are finding work. It has taken a lot of hard work and tough decisions to fix our economy, but we are seeing the rewards. It is also an opportunity to highlight the importance of securing certainty on our future relationship with the European Union. I want to see even more jobs here in MK and across the country.