CW Chamber reacts to drop in unemployment

A further fall in unemployment across Coventry and Warwickshire has been welcomed by the Chamber.

In Coventry, the figure dropped from 6,263 down to 5,953 and in Warwickshire unemployment fell from 4,469 to 4,135.

Louise Bennett, chief executive of the Coventry and Warwickshire Chamber of Commerce, said: “Another drop in the unemployment figure across the city and county is very welcome news.

“In our most recent quarterly economic survey, companies across the region presented a very positive outlook – including taking on new staff – and that is bearing out in the unemployment figures.

“The view of most commentators is that unemployment never actually rose as high as many forecast at the height of recession and, equally, very few predicted this rate of fall into the recovery.

“We cannot, however, become complacent. When you hear all of the political parties speak ahead of the next General Election, it is clear that further public sector cuts are going to be made.

“Therefore, it’s vital that every effort is made to set the right conditions for businesses to be able to grow and take on new staff as well as training and upskilling the current workforce.

“That means rebalancing the economy must continue and remain a long-term plan. We need more exporters and we must continue to get the message out there regarding the support available to businesses who want to sell their goods and services overseas.

“The Chamber is here to help businesses of all sizes and sectors to reach their potential.It’s important to recognise that growing the economy and creating new jobs is never a job that is complete. It’s crucial that every effort is made to support job creation in everything from our smallest businesses to the largest.”