Sir Bill Cash has welcomed records showing the total number of Jobseeker's Allowance claimants in Stone constituency in February 2015 now stands at 338. This represents a rate of 0.8% of the economically active population aged 16 to 64. It is the 24th lowest of the 650 UK parliamentary constituencies. The number of claimants is 251 lower than in February 2014 and 43 lower than in January 2015. The House of Commons Library confirmed those constituency unemployment figures for February 2015 which were published by the Office for National Statistics.
Nationally, employment is at a record high – 1,000 more jobs have been created ever day under this government. Employment is at its highest rate since records began, with the claimant count rate at its lowest since 1975. The OBR forecasts unemployment will fall to 5.3 per cent this year, down almost 3 percentage points from the rate this Government inherited. A job is created every 10 minutes in the Midlands. 80% of jobs are full-time, and 80% of jobs are in high-skilled occupations.