ELECTIONS: Unemployment in Yeovil falls by 65.5% since 2010

ELECTIONS: Unemployment in Yeovil falls by 65.5% since 2010

NEWS that unemployment in the Yeovil constituency has fallen by 65.5% since the 2010 General Election has been welcomed by MP David Laws.

In April 2010 the statistics show that 1,459 people in Yeovil constituency were unemployed, or 2.9% of the economically active population.

At the end of 2014, that figure had fallen to just 503, or 0.9%. Last year alone unemployment in Yeovil constituency fell by 45.7% as 424 fewer people were registered as unemployed.ELECTIONS: Unemployment in Yeovil falls by 65.5% since 2010

Across the United Kingdom the unemployment rate has fallen to 5.8%, the lowest level in six years.

“These figures are really good news, it is great to see that unemployment in our area is so low and that more and more people are finding jobs,” said Mr Laws. “The fall in unemployment in the last year alone is one of the biggest on record.

“The Liberal Democrats have worked hard since 2010 to turn around the country’s finances and fix the economic mess we inherited from the last government.

“We are now seeing the benefits of some of that work. Across the whole of the United Kingdom, more people are in work than ever before, and over 80% of the annual rise in employment can be found in full-time employment.

“Yeovil has continually enjoyed a much lower unemployment rate than the national average, and I am very pleased to see that continue. Unemployment in Yeovil constituency has now fallen below 1%, which means more people are finding work and earning a decent wage.

“There is of course more work to do as we move into the next parliament. To protect the UK’s strong economic growth and employment growth we must continue to cut the deficit, but do so fairly, making sure that those who earn the most contribute the most.”

Mr Laws will be hoping to retain his position as Yeovil's MP when the General Election is held on Thursday, May 7, 2015.

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