Unemployment drop in Peterborough

Jobs and employment news from the Peterborough Telegraph - www.peterboroughtoday.co.uk, @peterboroughtel on Twitter, Facebook.com/peterboroughtoday
Jobs and employment news from the Peterborough Telegraph - www.peterboroughtoday.co.uk, @peterboroughtel on Twitter, Facebook.com/peterboroughtoday
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Unemployment in Peterborough has dropped for the second month in a row.

The latest figures released today (Wednesday, May 13) show the number of Jobseekers’ Allowance (JSA) claimants is 2,555.

That’s down from 2,641 in March and is a 41.8 per cent drop from the figure of 4,390 this time last last year.

Of the 2,555 claimants, 610 are aged 18-25 compared to 650 last month. The number of youth claimants is down 42.5 per cent in the past year when it was 4,390.

Paul Gisbey, district operations manager for the Department for Work and Pensions (DWP) in East Anglia, said the bulk of jobs were full-time.

He added: “We are seeing a reduction in people claiming year-on-year and in the time they are claiming for.

“Close to 70 per cent of people stop claiming within three months.

“We’ve spent a lot of time helping people to try and get back into work. As less and less people are claiming, it allows us to do more with the people that are.”

According to the DWP, UK employment has reached an all-time high of 73.5 per cent.

Employment Minister Priti Patel said: “Our long-term economic plan is creating a better, more prosperous future for Britain, with employment at an all-time high and more women in work than ever before.

“The East of England has a record number of people in work and 32,000 more in jobs compared to this time last year.

“Behind the statistics are countless stories of individual hard work and determination – of people feeling more financially secure with a regular wage.

“I want to continue to ensure our welfare reforms are giving people the skills and opportunities to move into work to give everyone in our country the chance to make the most of their lives.”