The number of people out of work in the UK is now at its lowest level since 1975 – with the claimant count down by 35% since 2010 in Redditch.
New figures from the Office for National Statistics show the employment rate and the number of people in full-time work are at record highs. There are now 32.8 million in work in the UK – up by 3.75 million since 2010.
The number of people in Redditch claiming unemployment benefits has fallen by 35% since 2010, with the unemployment rate in Redditch lower than the UK average.
Wages have also risen ahead of prices for 21 months in a row meaning people have more money in their pockets.
This new Conservative government will continue to help the people of Redditch with the cost of living by increasing the National Living Wage to £10.50 by 2024, the rate of income tax, VAT or National Insurance will not be raised throughout the lifetime of this Parliament and the National Insurance threshold will be raised to £9,500 next year saving 31 million people approximately £100.
In welcoming the figures, Rachel said:
“The actions of the Conservatives in government have resulted in more people being in work than ever before, and that includes more women and more disabled people in work too.
“Here in Redditch we’ve seen the number of people out of work fall by 35% since 2010. Behind these figures are people back in work and earning a regular pay packet to provide for their families.
“But we must go further to help my constituents with the cost of living, which is why I’m pleased it is the Conservatives making work pay by increasing the National Living Wage to £10.50 an hour by 2024 and lifting the National Insurance threshold to £9,500 next year – saving many of my constituents approximately £100.”