Jobless number falls to new low

The latest jobless statistics show that unemployment in the Harborough district is at its lowest level for more than 20 years.

And our thriving district now has the lowest level of unemployment in the entire East Midlands.

The number of people claiming Jobseekers’ Allowance in the district is down to 328, representing just 0.6 per cent of the working population.

It’s the lowest figure for Harborough since these records began, in 1992.

The Harborough figure is well below both the East Midlands average (1.9 per cent) and the national average (two per cent). In fact, the Harborough district now has the equal lowest level of unemployment in the region. The regional highest is Nottingham (four per cent) .

“It’s really good news for Christmas,” said Harborough MP Sir Edward Garnier.

“Clearly it’s good news for the local economy and good news for the general picture of optimism in this part of the world.

“Market Harborough and the Harborough constituency is a vibrant and good place to work, and to have a business, and to bring up children.”

Sir Edward added that with the economy now seemingly on the mend, overseas investors were keen to invest in Britain and that the same is true locally.

And the positive news doesn’t stop there. Those who are in work in Harborough are among the top wage-earners in the East Midlands.

Harborough comes third in the region of 40 local authorities in the earnings table, behind only Daventry in Northamptonshire and Rushcliffe in Nottinghamshire.

Harborough’s unemployment rate has consistently been below that of the East Midlands and UK average.

Even when it peaked in 1993 at 4.6 per cent – or more than 2,000 people out of work – the East Midlands (7.5 per cent) and the national figures (8.2 per cent), were both significantly higher.