Thursday 14 July 2011

Unemployment rate is now down to 8.5%

Only 6 months ago the West Midlands had the highest number of job seekers in the whole of the UK
But the latest information released by the ONS (Office of National statistics) may come as a bomb shell to the Labour’s (gloom and doom, spend some more, you’re doing it all wrong) 
  
Why ?, the answers simple unemployment fell by 32,000 to 226,000 in the West Midlands in the last three months. It was one of the largest drops in the UK.

In London the unemployment rate is 9.3% in the North West its 9.8% but in the West Midlands the unemployment rate is now down to 8.5%

Business leaders have welcomed the improvement and it’s the hot topic on the TV and local press with manufacturers saying they are picking up work

More good news
inflation – was 4.2 per cent in June, down from 4.5 per cent in May.

Sandwell Tory said
Manufacturing is returning to our area with traditional industries leading the way, but we need well trained and skilled people to fill these new jobs and we are still finding the time to pay off Labour debt



Take a look your self

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