With the Chancellor about to start his budget speech unemployment continues to climb. Nationally 2.1 million people are claiming Jobseekers Allowance (JSA) with nearly 6,000 of those in Wandsworth.
In total 5,889 people are claiming JSA, 2.9% of the Wandsworth population. We continue to be in a better position than the national and London averages, which are at 4%.
The figure for March is an increase of 408 (7.4%) from February and 2,144 (57.2%) from the same time last year.
This does not reveal the full extent of unemployment, just those who have chosen to apply for JSA and are found to be eligible. Figures for actual unemployment are produced much later, the most recent figures show that in August last year 20,700 people of working age were on benefits. Even less recent were the figures for last June which showed 9,000 people were unemployed (the JSA claim at the same time was just 3,741).