- New figures show there are four million more people in work since the Conservatives came to power in 2010 and 1,014,668 more people in a job across London, helping to grow the economy.
- The Office of National Statistics (ONS) released figures showing there are 33.1 million people in work in the UK, with the employment rate near record highs of 76% – up 5.8 percentage point since 2010, with vacancies falling.
- Wages also grew by the largest rate outside of the pandemic at 7.3%, helping people manage costs as the Conservative Government continues to halve inflation.
Greg Hands has welcomed new figures showing that 4,797,807 people are in work across London, an increase of 1,014,668 since 2010, as the Conservatives mark four million more people in work since Labour left office.
As the number of people in work grows, figures also show 249,325 fewer people are unemployed across London, 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 33.1 million people in work in the UK – this is an increase of 190,000 people in the last year.
As jobs rise, vacancies are falling, with an unemployment rate of 4.1% – near record lows, meaning the number of unemployed people in the UK has almost halved since 2010.
The Conservative Government is working to deliver on its 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, Greg Hands said:
“The UK economy has been through a challenging few years with Coronavirus and Putin’s illegal war in Ukraine.
Despite these global challenges, today’s jobs figures show there are four million more people in work since 2010 and 1,014,668 more people in work across London – giving more people the security of a regular wage.
The Conservatives are working to deliver on our plan to halve inflation, grow the economy and reduce debt – whilst also ensuring everyone has the security of a good job.”
Commenting, Work and Pensions Secretary Mel Stride said:
“Today’s figures show we are making progress on our plan to grow the economy with 4 million more people in work today than when we took office in 2010.
We are removing barriers to work, ensuring work always pays through reforms to Universal Credit and supporting those who are sick or disabled to get into work.
The Prime Minister has a clear plan to halve inflation, grow the economy, reduce debt, cut waiting lists and stop the boats. We are making real progress, getting more people into work as we grow the economy.”
ENDS
