November 24 2014 Latest news:
Wednesday, December 12, 2012
Unemployment across Norfolk and Waveney is way below the national average, according to figures released today.
The national average for people out of work stands at 7.8pc, compared with 3.4pc in our region.
Meanwhile, the number of unemployed young people in Norfolk and Waveney has fallen by 0.5pc year-on-year, The Office for National Statistics (ONS) have revealed.
The total number of people aged 16-24 who are out of work fell from 6.2pc in November last year, to 5.6pc this.
Great Yarmouth is the area with the highest amount of youth unemployment in the region, but its levels decreased from 11.6pc last year, to 10.4pc this.
Nationally, a record number of people are in work after the biggest quarterly fall in unemployment for over a decade.
The jobless total fell by 82,000 in the three months to October, to 2.51 million, down by 128,000 on a year ago. The ONS said it was the biggest quarterly fall since the Spring of 2001.
And employment jumped by 40,000 to 29.6 million, the highest figure since records began in 1971 and up by half a million on a year ago.
An oil and gas company has revealed bold plans to build a new £3m premises and create 50 jobs.