The Office for National Statistics has released its latest monthly unemployment figures which show that the number of unemployed claimants in Bermondsey & Old Southwark has fallen by 886 over the last year. The number of unemployed claimants has fallen from 4,510 in February 2013, to 3,624 February this year.
Figures for London also show a steady drop in unemployment. There are now 55,175 fewer claimants than a year ago, down from 225,630 to 170,455 over the last 12 months.
Responding to the figures, Simon Hughes, MP for Bermondsey & Old Southwark, said:
“Over the last year, Liberal Democrats in government have continued to take tough but necessary decisions to get the public finances in order and the economy back on track. We are now starting to see the benefits of these decisions in Bermondsey and Southwark, and across London. Unemployment has been declining at a sure and steady rate, as confidence in the economy picks up.
In the coming months, the political debate will be about what sort of economy we want after the recovery has been secured. Liberal Democrats will be leading this debate and arguing for a pro-EU, pro-jobs, pro-fairness agenda. Only the Liberal Democrats can deliver a stronger economy, in a fairer society.