Unemployment figure falls to just one in 100

Job centre
Job centre

Banbury MP Sir Tony Baldry has welcomed unemployment figures which show there are 512 fewer claimants of Jobseekers Allowance in Banbury when compared to last April.

Figures released last Wednesday show that Banbury now has an unemployment rate of just one per cent – the lowest the rate it has been for a number of years. Sir Tony said: “This is very good news for Banbury and I suspect it is the first time in a long time where we have seen a year-on-year fail in unemployment.

“There is of course much to do for those who are out of work. Indeed, one person unemployed is one too many.

“For those still unemployed locally, very often they have the additional challenge of being lone parents or have been made redundant over the age of 50.”

Claire Kingsbury, co-director of recruitment agency Plus One Personnel and president of Banbury Chamber of Commerce, said the number of job vacancies are also gradually rising as the year goes on.

She said: “It shows that the economy in Banbury is picking up and we as a company have got a lot more vacancies coming through that are good quality as well.

“There are different times throughout the year when the recruitment season gets a little bit slow but on the whole we have seen a rise month to month in terms of employment, including part-time jobs and administrative roles.”

Sir Tony also praised the role of the Banbury Job Club, which is held at Banbury Town Hall between 11am and 1pm every other Friday, in helping cut employment figures in the town.

He said: “Banbury Job Club and other services provided by places such as the Sunshine Centre are invaluable in helping these people get them back into the world of work as soon as possible.”