Independent statistics, collated and released by the Labour Party today, show unemployment rates in Harborough District and Oadby & Wigston today and during the previous UK recession in 1992. The figures highlight the importance of maintaining support for the economy and for those who lose their jobs at this difficult time.

During the recession in 1992 the percentage of the working age population who were unemployed here in Harborough stood at 4.1% compared to 2.1% today; in Oadby & Wigston 4.1% in ’92 compared to 2.9% today; and in the East Midlands as a whole from 7.6% compared to 4% during this recession.
Every job lost in Harborough is a real tragedy, for that person and their family. That is exactly why the Labour Government will continue to do everything we can to protect communities across Leicestershire from the recession, support people back into work and to get the economy growing again.

During this difficult period, Labour is taking action to help people here in Harborough back into work and supporting businesses and homeowners. Direct assistance like the business tax deferral scheme and mortgage assistance and advice will provide real help to local people.

While these figures suggest the measures Labour has taken are having an effect here in Harborough, there is absolutely no room for complacency. While the economy is fragile, it is crucial that we maintain support both for the local economy here in Harborough, regionally and nationally. To cut back on the fiscal stimulus, like the Tories are suggesting, would again be the wrong call at the wrong time.

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