Walker welcomes latest jobs figures showing City’s youth unemployment at lowest point this year

Worcester MP Robin Walker has welcomed the release by the Office for National Statistics (ONS) of the latest employment figures for July.

The release shows that the jobless rate remained unchanged in Worcester month on month at 1.7%, while youth unemployment went down to 1.8% - the lowest that rate has been since last year. Unemployment among young people in the city has already reduced by more than two thirds since Robin was first elected in 2010, and by over 71% since its peak under a Labour government in 2009.

Nationally, the proportion of young people who are unemployed and not in full-time education is now at a record low of 4.7%. Meanwhile, there are also a record number of older people in work – over 10.2 million. There has also been a large fall in the number of people on zero-hour contracts, who now make up only 2.4% of people in employment – a fall of 104,000 on the year.

July’s figures also show:

  • the BME employment rate is at a record high of 65.5%, an increase of 1% on the year
  • since 2010 the majority of employment growth has been in both full-time and permanent roles

Secretary of State for Work and Pensions Esther McVey said:

“With the unemployment rate falling further to just 4%, and youth unemployment down over 45% since 2010, school leavers can look forward to a growing jobs market, improving the prospects for their future careers.”

“In fact, the UK’s vibrant jobs market is benefiting people across the board. Record rates of ethnic minority people in work also show that more families across our society are benefiting from the security of a job, with wages also on the increase.”

Commenting on the latest figures, Robin said:

“I’ve been pleased to see Worcester’s unemployment rate reducing and now stabilising after a slight rise earlier in the year. After some fantastic A-level and GCSE results in the city, it’s particularly encouraging to hear that youth unemployment continues to decline and is now the lowest it has been all year.”

“The continued reduction in the proportion of zero-hour contracts in the job market to just 2.4% gives the lie to the accusation that the record growth in employment we have seen under this Government is down to poorly paid and insecure work – on the contrary, these statistics continue to show that permanent, secure, full-time work is driving the job market forward.”

“At the same time, real-terms wages continue to grow above inflation, ensuring people feel the benefit of more money in their pockets.”