ONS: Unemployment Falls & Wages Rise

ONS figures show that the number of people without a job has fallen by 52,000 to 1.6 million.

The figures today show that those claiming unemployment benefit fell by 10,100 in the month leading up to Christmas.

Wage levels rose by 2.7% in the three months to November, which is the strongest increase since August 2015.

The growth in wages will be comforting to those who have seen their take home pay stagnate in recent years.

The positive figures from the ONS are an indication that the growth of the UK economy is providing greater opportunities for employment and putting more money in the pockets of hardworking families.  

At the constituency level, statistics show that the number of people claiming Job Seekers Allowance or Universal Credit reduced by 60 on the previous figure and stands at 1,190, 1.8% of all residents of working age in the constituency.

Commenting on these figures Mike Freer said: “These figures are a welcome boost to the UK labour market. It is also encouraging to see wage levels are strong as this will ensure that it pays to be in work.”