Unemployment falls in the UK. Wokingham’s rate is just 0.7%, well below the average.

It was good to see strong job generation again in the latest UK official job figures, with further substantial falls in unemployment. In Wokingham the unemployment rate remained low, with the constituency in the top 25 for a low rate nationwide out of 650.

We are now at record levels of employment, with good progress on creating more full time jobs. The national unemployment rate is 4.4%.

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One Comment

  1. Narrow Shoulders
    Posted August 17, 2017 at 6:59 am | Permalink

    Unfortunately good news like this hides the multitude of sins in our economy arising from lack of investment and shorttermism.

    Cheap easily available labour and tax credits discourage employers from investing in their employees. GDP per capita and productivity are falling.

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    John Redwood won a free place at Kent College, Canterbury, and graduated from Magdalen College Oxford. He is a Distinguished fellow of All Souls, Oxford. A businessman by background, he has set up an investment management business, was both executive and non executive chairman of a quoted industrial PLC, and chaired a manufacturing company with factories in Birmingham, Chicago, India and China. He is the MP for Wokingham, first elected in 1987.

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