Stoke-on-Trent’s industrial resurgence is slashing unemployment according to the latest figures of people claiming job seekers allowance.
The city saw unemployment in October fall three times faster than the national average, according to the latest Government statistics.
Unemployment in the city fell by a staggering 8.6% in October – compared to the national fall of 2.8%. Over the last three months the city has seen unemployment fall by 15.4%, and 31% over the last year.
City Council Deputy Leader Conservative Councillor Abi Brown said the results reinforce the city’s growing status as one of the UK’s fastest growing economies, with manufacturing output up, bucking the national trend.
“In the summer a report on the state of the economy by global forecasting experts Oxford Economics named the city as the second fastest-growing local economy in the UK, and one of Britain’s economic hotspots based on the city’s amazing pace of growth. We are also number three in the expansion of digital and creative industries.”
“Stoke-on-Trent people are incredibly hard working and their commitment, self-confidence and ambition are shining through. This is an enterprise city packed with entrepreneurs and creatives coming up with great ideas. This is a city right at the heart of the UK economic recovery. Stoke-on-Trent is the gateway to growth for UK Plc,” she said.