The economy is moving in the right direction, says Hemel Hempstead MP Mike Penning, after two welcome sets of statistics were released this week.
The influential International Monetary Fund has upgraded Britain’s growth forecast for 2014 from 1.9 per cent to 2.4 per cent, confirming the UK’s position as the fastest growing major European economy.
And the Office for National Statistics has issued updated figures that show that the number of unemployed claimants in the Hemel Hempstead constituency has reached the lowest level since August 2008.
The total number of jobless people who qualify to be included in the statistics was 59 lower last month than in November and 341 lower than for the same month last year.
Mr Penning, a government minister in the Department for Work and Pensions, said: “This is great news and the figures from the ONS show that the economic recovery is really taking hold in Dacorum and more local people are in work than at any time in the past five years.
“I will continue to do all I can to support local businesses and encourage more jobs to the area.”
The percentage of unemployed claimants in the Hemel Hempstead constituency is now just 2.4 per cent of the economically active population aged 16 to 64.
In his capacity as a Treasury minister, South West Herts MP David Gauke appeared on BBC’s Newsnight last night to talk about the latest figures.