Jobless figures for MK down for third time in a row

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Unemployment in Milton Keynes has fallen for the third time in a row, according to new figures released by the council’s economic development unit, Invest Milton Keynes.

The figures are based on the number of people claiming benefits which fell from 3.1per cent to 2.6per cent, between August and October.

The October 2013, unemployment rate represents a 1per cent fall from its 3.6per cent level in October 2012.

And that figure is lower than the national average, which was 3.1 per cent last month, although that figure also fell over the past three months.

Councillor David Hopkins, the Cabinet member responsible for Economic Development, said: “This is very welcome news and yet further confirmation of our very strong, forward looking economy in Milton Keynes.

“The council plays a vital role in helping to keep the economy ticking over, from the ground-breaking work done by our economic development team to encourage and nurture new companies, to the excellent results from our Neighbourhood Employment programmes, which have helped hundreds of people find work.”

Over the past year the number of business units in Milton Keynes has increased from 11,150 to 11,530.

To contact InvestMK call 01908 200800, email investmiltonkeynes@milton-keynes.gov.uk or go to www.investmiltonkeynes.gov.uk.