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East Midlands Chamber News

East Midlands continues to create jobs, ONS confirms

The East Midlands continues to beat the national average when it comes to getting people into work, according to Office for National Statistics figures released this morning.

Unemployment in the region for the period December 2017 to February 2018 remained at 4.1%, marginally better than the national rate of 4.2%.

Over the same period, 21,162 more people found work in the region than in the three months to November 2017, giving a regional employment rate of 60.1%, slightly better than the 59.6% recorded for the previous quarter.

Chris Hobson, Director of Policy at the Chamber, said: “The ONS figures show that wage growth closed to within a few points of inflation over the period, which means less of a squeeze on household incomes.

“They also showed that more people became economically active compared with the previous quarter, resulting in rising employment across our region and an unemployment rate that remains better than the national average.

“Our own research, through our Quarterly Economic Survey for the first three months of this year, showed us that employers are still willing to invest in the right workers for the jobs and to pay a little more to attract or retain the right people where necessary.”

Other figures released by the ONS this morning showed that the number of people claiming Jobseeker’s Allowance across Derbyshire, Nottinghamshire and Leicestershire increased by 670 in March compared with February, with Derby and Derbyshire seeing the biggest rise and Leicestershire recording the lowest change.

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