Unemployment continues to fall in Bermondsey and Old Southwark

More Good News On Unemployment

The number of unemployed claimants in Bermondsey and Old Southwark has continued to decrease over the last month. Between May and June this year alone there was a drop of 219 people claiming JSA in our constituency. This represents an exceptional decrease of 1126 claimants between June 2013 and June 2014, showing that the Liberal Democrats are delivering a stronger economy and more jobs for local residents. 

For Southwark as a Borough, unemployment has fallen by a staggering 2648 since this time last year which reflects the employment prospects of London residents in general. Employment is on the way up in our city, with 59,185 less people on JSA between June 2013 and June 2014.

The figures, released by the Office of National Statistics, state that employment rates have never been higher as they hit 73.1%, with over 30 million people in work throughout the UK.

Simon Hughes, MP for Bermondsey and Old Southwark, responding to the latest employment figures, said: 

“Record numbers of people in work and another drop in unemployment across Bermondsey and Southwark is really encouraging evidence that the decisions we have taken to fix the economy are working. There are still people struggling to find work and I will continue to do all I can to make sure that jobs, apprenticeships and training are available for everybody who lives in our borough.”