Greg Hands M.P. has this week welcomed new national statistics that show a record fall in unemployment, seen in the Office for National Statistics publication of labour market statistics for the three months to November. They revealed that the number of those in jobs in the UK has reached 30.15 million, up 280,000 this quarter and up 1.3 million since the election. Meanwhile unemployment has fallen by 167,000 this quarter, representing the sharpest fall in unemployment in 17 years. Youth unemployment also fell 39,000 in the last three months.
Locally, in Chelsea and Fulham, unemployment fell to 1,415 in December 2013, which is 16 % less than last year. At borough council level, there were 4,014 across Hammersmith and Fulham borough and 2,327 in the Royal Borough of Kensington and Chelsea – this is a fall of 18% and 20% respectively from just one year ago.
Chelsea & Fulham’s M.P. Greg Hands said: It is great news that unemployment is falling so fast, both locally and nationally. There are 306,000 more people in work in London than in 2010. That means 306,000 more people getting a regular pay packet, with the chance to give themselves and their family a more secure future. I welcome strong falls in unemployment in both Hammersmith & Fulham and in Kensington & Chelsea.
"Of course there is still more to do, but these figures show the Conservatives’ long-term plan to fix the economy is working, creating more jobs by backing small business and enterprise with better infrastructure and lower jobs taxes, and delivering a more secure future for people in my constituency and the whole of London who want to work hard and get on in life.”