National Statistics have released the latest figures of Jobseekers Allowance claimants. In Wandsworth there has been an increase of 422 claims over the year from November 2007 to November 2008 – from 3,874 to 4,296. Most worrying is that more than half of that increase, 251, was in just the last month, between October and November 2008.
It does illustrate the speed at which the recession is having an impact, and, of course, only represents those people that have registered as unemployed and claim Jobseekers Allowance.
However, the news is not all bad, the figure represents 2.1% of the Wandsworth working age population – this compares to figures for 3% for London and 2.8% for Great Britain.
Wandsworth doesn’t have immunity from recession, but we are better placed than many to weather it.