Glyn Davies, Conservative MP for Montgomeryshire, has welcomed this week’s unemployment figures which show a continued drop in Montgomeryshire.
Figures released this week by the Office for National Statistics show that in November, the number of people claiming Job Seekers Allowance in Montgomeryshire was 507, representing only 1.7% of the economically active population aged 16 to 64.
The number of claimants is 46 lower than October 2014. Montgomeryshire is a constituency with one of the lowest unemployment rates in Britain.
Glyn Davies MP said:“Yet again this month, unemployment has continued to drop within Montgomeryshire. It is great news for the whole area that unemployment has dropped almost another 10% between October and November.
“Over the last four years, Montgomeryshire has seen a jobs revolution - an economic transformation beyond anything I've seen before in my lifetime.
"Montgomeryshire has large numbers of successful growing businesses who have recognised the great potential of the area.
“Despite the challenges that employers have faced in recent years, the sacrifices and hard work of the British people are now paying off in an extremely positive way, and nowhere is this more obvious than in Montgomeryshire.
“We are seeing historically low levels of unemployment.
“These latest low unemployment figures continue a trend which has given hope and satisfaction to those seeking work and creates competition for workers, leading to wages growing faster than inflation.
“In Montgomeryshire we are reaching the stage of genuine wages growth, and I hope that this trend will continue well into the New Year.”