The Office for National Statistics tells us unemployment has fallen by 35,000 in the three months to February (to 2.65 million). Nationwide the unemployment rate is 8.3%: down by 0.1 percent. That’s 0.1%. 10% of a 100th. Meaningful eh?
10.1% of the workforce living in London are claiming Job Seekers Allowance. 7,000 more Londoners began claiming Job Seekers Allowance between December and February. London is going the other way. Almost a quarter of all working age Londoners are economically inactive – 1.38 million people.
There are 1.03 million 16 to 24 year olds looking for work. That’s 22.2%, down from 22.3% three months earlier.
The Coalition gives thanks for 0.1% improvements, but there may be a long hot summer coming. (OK, this is England so it might b a long hot wet summer).
The Connexions Centre in Battersea, just down the road from the riots at Clapham Junction is now closed.
70% or so of the public expenditure cuts still to come