Posted: 18/12/13 by Northamptonshire Chamber
Employment hit a new record high this month with over 30million people in jobs for the first time, according to figures published by the Office for National Statistics(ONS) this morning.
The number of people working nationally increased by 250,000 over the last three months, up 1.2million since February to April 2010, with the majority of the increase being full-time, permanent jobs in the private sector. Employment increased in Scotland and Wales and in every region in England.
The ONS figures also show that unemployment fell by 99,000 in the last three months, bringing the unemployment rate to 7.4%, the lowest since 2009.
In the East Midlands employment rose by 54,000 to 2.17million between August and October, resulting in the second highest rise in the region at 1.2 percentage points over the same period.
Employment Minister Esther McVey said:
“It is really encouraging news that the number of people in jobs has increased by a quarter of a million in the last three months, bringing the total number of people in work to a record-breaking 30 million. Together with a big fall in unemployment, this shows that the Government’s long-term economic plan to get people off benefits and into work is proving successful.
“It’s also thanks to British businesses up and down the country who are feeling increasingly confident about taking on workers. This is a great sign that the economy is growing.”
Paul Griffiths, Chief Executive of Northamptonshire Chamber, said:
“It is good news to hear employment levels are rising in the East Midlands with an extra 54,000 people in work in the three months to October.
“The figures highlight the fact that companies are becoming more confident about growth investment, resulting in job creation and wealth and is a reflection of what businesses have told us in our own Quarterly Economic Survey – companies in both the service and manufacturing sectors are planning to recruit further.
“None of the manufacturing respondents had reduced their workforce in the third quarter with 50% expecting their workforce to increase over the coming three months.
“This shows businesses are optimistic about the future which will go some way to helping the revival of the UK economy.”
Sajeeda Rose, Deputy CEO of Northamptonshire Enterprise Partnership said:
“Northamptonshire’s economy, businesses and workforce are thriving, and supporting the continued improvement in employment figures is central to this. In 2013 we have seen an extra 2,200 new jobs created in the county, alongside a significant reduction in the number of people looking for work, which has reduced by over 3,700 during the year. This really does demonstrate that Northamptonshire is on track to deliver an ambitious annual growth target of 1% a year over and above national levels.
“At NEP we have worked through our Job Brokerage team to help businesses secure skilled individuals and fill vacancies through industry backed work academies. Our work with long established Knights of Old for example enabled candidates to receive the right mix of training and hands-on experience necessary to fulfil a logistics driving career.”
“By 2021, we aim to create an additional 20,000 jobs in the Northamptonshire economy. The positive ONS figures released today support our assertion that Northamptonshire’s economy is set for continued growth during 2014, with our Strategic Economic Plan providing the necessary focus to achieve this.”