The number of unemployed claimants in Dagenham and Rainham constituency in July 2013 was 3,097. This represents a rate of 6.4% of the economically active population aged 16 to 64, the 139th highest of the 650 UK constituencies. (1st = highest rate of unemployment, 650th = lowest rate of unemployment.)
The number of claimants is 363 lower than in July 2012 and 153 lower than in June 2013. These data are not seasonally adjusted.
This data highlights a 0.6% rise in employment locally in the last 3 months equating to 407 less claimants. These latest statistics are very positive and could mark a turning point in the local economy. July 2013 saw the lowest level of unemployed claimants in Dagenham and Rainham since December 2010 which is also reflected nationally.
With this positive spike in the unemployment data we also see a decrease in youth unemployment locally, with 50 less claimants aged 18-24 in the last 2 months. Dagenham and Rainham currently has the lowest rate of youth unemployment since June 2010, which is fantastic news for the local area.
There is a lot of investment scheduled to come to Dagenham and Rainham over the course of the year which will undoubtedly help the local economy stabilise. A new ASDA superstore is set to open later in the year with local recruitment already taking place. Following this, Sainsbury's are set to build a superstore on the Sanofi Aventis site bringing with it around 400 jobs for local residents. And there are rumours that a Travelodge will be built in the coming year, providing more local employment.
Local MP Jon Cruddas says: "The key to ensuring a stable local economy is to make sure that it is jobs for local people. The discussions are still going on with various investors to ensure maximum benefits in the community – we are hopefully looking at thousands of jobs in the next year or two for local residents. There is still a long way to go but it is encouraging to see the local economy picking up and stabilising."