East Midlands jobless rise ‘disappointing’, but outlook ‘remains positive’

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FIGURES released by the Office for National Statistics (ONS) show that while nationally unemployment has fallen in the last three months, in the East Midlands it has risen from 182,000 (7.8%) to 186,000 (8%).

Commenting on the figures, George Cowcher, chief executive of the Derbyshire and Nottinghamshire Chamber of Commerce, said: “Whilst the overall unemployment increase for the East Midlands is disappointing, particularly given that the national figure has fallen over the last three months, the fall in JSA claimants should be viewed as a positive, which indicates that the local economy and labour market remain robust and local business performance is strong.

“We’ve had some very positive announcements from across the region about future employment opportunities recently and whilst it will take a while for these to filter through to the local claimant count, the outlook remains positive and the key point to stress is this - businesses in Nottingham and Nottinghamshire are still looking to create jobs.

“The eurozone debt crisis continues to present challenges for exporters at a time of dampened domestic demand and this Government can still do more to create the right environment for business growth.”

“The private sector wants to invest and grow, but in order to do so, the Government needs to do more to help them create jobs through more forceful deregulation and stronger incentives for employment. It also needs to ensure that the measures announced last week to kick-start business lending filters through to businesses quickly and effectively.”