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Business chief’s cautious welcome for fall in jobseekers

Derbyshire business bosses have cautiously welcomed another drop in the county’s unemployment rate.

The dole queue shrunk in November from 11,192 to 10,435 - a fall of 757 or 6.8 per cent.

That is the lowest number of Jobseekers Allowance claimants in Derbyshire since October, 2008, when the figure was 10,203.

However, George Cowcher, Chief Executive of the Derbyshire and Nottinghamshire Chamber of Commerce, said the figures may be affected by seasonal employment trends and that job statistics in the New Year would paint a more accurate picture.

He said: “It is encouraging that once again we have seen big falls in the number of JSA claimants across the region, although there could be some seasonality in these latest figures.

“The January and February figures will be better indicators of the economy.

“However, these figures continue to underline our own research which shows that business is more confident, is recruiting more and is investing more.

“The key message continues to be that things are progressing well.”

In England, the number of claimants was down to 990,742 compared with 1,260,186 in November 2012. Office for National Statistics figures also showed that unemployment in the three months to October fell by 99,000, with 2.39 million currently out of work.

The national unemployment rate is now 7.4 per cent, its lowest since 2009. Bank of England Governor Dr Mark Carney pledged not to adjust interest rates

 

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