News

UNEMPLOYMENT DOWN AS MORE PEOPLE IN WORK THAN EVER BEFORE

Employment: The employment rate remains at a record high of 74.2% with around 750,000 vacancies at any one time.Unemployment: The unemployment rate fell to 5.0% - the lowest rate for a decade, with the inactivity rate close to the record low at 21.8% and down 575,000 since 2010.Work: There are a record 31.6 million people in work - 461,000 morethan this time last year. Full-time work is up nearly 1.9 million since 2010.Women: The female employment rate is at a record high of 69.2% with nearly 1.1 million more women in work than in 2010.Youth unemployment: Youth unemployment is down over 300,000 since 2010 and the unemployment rate for young people not in full time education(5.6%) has never been lower.Pay: Wages continue to grow with average pay (excluding bonuses) up 2.3% over the year.Today’s national statistics show a record-breaking set of figures. Secure employment and a decent wage are key to transforming the life chances of people across the country so I’m delighted to see another strong set of figures this month.There are more people in work than ever before and wages are continuing their upward climb, which is great news for hardworking families who have seen a rise in their living standards over the past year.With around 750,000 vacancies at any one time and full-time work making up nearly 75% of the total rise in employment since 2010, our long-term economic plan is delivering jobs across the country and giving more people the security of a wage.

Labour's leadership election: whoever wins, the country loses

By Patrick McLoughlin, Conservative Party Chairman The spectacle of Jeremy Corbyn and Owen Smith traipsing round the country engaged in a bidding war for the Labour leadership has been profoundly depressing for all of us who care about the future of our country.

Building an economy that works for everyone

Today’s employment statistics show that with 31.77 million people in work, employment remains at a record high of 74.5%, while unemployment stands at 4.9%. This is the lowest for over a decade.Over the last six years Conservatives have created more than 2.5 million jobs.

Britain, the great meritocracy

 A message from the Prime Minister:When I stood in Downing Street as Prime Minister for the first time, I set out my mission to build a country that works for everyone.

Britain is open for business

The 2015/16 Inward Investment Report shows that the UK remains the best place in Europe for business to invest. And that means more jobs for people in Britain.Since 2010 390,000 new jobs have been created as a result of foreign direct investment.

Tackling racial inequality to build a country that works for everyone

The Prime Minister is launching an unprecedented audit of public services to help end the burning injustices many people face across Britain.It will highlight the differences in outcomes for people of different backgrounds, in every area from health to education, childcare to welfare, employment,

Helping people get on in life

Latest figures from the Office for National Statistics show that more people are in work than ever before and wages are still rising – good news for Britain’s families.The number of people in work is now at record high of 31.7 million and the unemployment rate is the lowest it’s been in over a de

David Cameron's Speech at Downing Street

Good afternoon. When I first stood here in Downing Street on that evening in May 2010, I said we would confront our problems as a country and lead people through difficult decisions so that together we could reach better times.