The number of women in work has risen to an all time high. According to the office of National Statistics, 14 million women are now in employment, the highest level ever since records began in 1971.
There was even more good news for Prime Minister David Cameron with records showing a fall in people out of work with 2.34 million people unemployed in the final quarter of 2013, now down by 125,000, giving a rate of 7.2 per cent.
People claiming job seeker’s allowance has also reduced by 27,000 from a total of 1.22 million in January. The number of people in part time jobs also fell by 29,000 over the last three months to 1.4million, it is 46,000 higher than a year ago.
Although it seems as though the economy might finally be on it’s way to recovery, critics still sound a note of warning against being too cheerful about the little progress the economy has made citing gaps between inflation and wage rises as challenges still faced by ordinary people struggling to make ends meet since the recession.
Analysts also warn that although unemployment has reduced, the rate of unemployment among 16-24 year olds is still quite high with many taking up part- time work or not being able to work at all.
After all is said and done, it would seem that the government’s policies are having a positive effect on the economy. Labour will have to come up with a robust strategy if they are to punch any holes in the governments policies.