- employment in the North East is now at its highest ever level
- unemployment rate in the North East fell by 1.4% on the quarter, which is the largest percentage fall of any region/country in the UK
- the fall in the unemployment rate in the North East was almost five times the national average percentage fall of 0.3%
- unemployment in the North East was 123,000 a year ago and has now fallen to 99,000—a percentage fall on the year of 17.6%
- Private Sector employment is up 60,000 in the North East since 2010
- 47,000 more people in employment in the North east than in May 2010
- 27,000 more businesses in the North East than in May 2010
- 143,780 apprenticeships started in the North east since May 2010
- 119,000 people out of income tax altogether since May 2010
- Tax threshold up from £6500 to £10,600 from 2010= tax cut for every working for millions and especially the low paid.
Tuesday 24 March 2015
North East Unemployment figures are more proof the Long Term Economic Plan is working
The latest stats on unemployment rates for the quarter Nov-Jan 2015 have just been released this week and they contain more excellent economic news for the North East. The headline stats are: