Kent unemployment figures for January 2024 confirmed by the Office for National Statistics

Jobless numbers across Kent and Medway are continuing to creep up, according to the latest figures from the Office for National Statistics (ONS).

The latest confirmed figures for January show a rise of 240 countywide – taking the total to some 39,165. That’s the equivalent of 3.5% of the total workforce.

The bulkl of Kent and Medway saw an increase in unemployment in January
The bulkl of Kent and Medway saw an increase in unemployment in January

Nationally, the rate of unemployment for the last three months up to January rose to 3.9%.

However, preliminary figures for February – which are subject to change – suggest a sharper increase in the jobless numbers for the county.

It comes as the UK entered into what experts believe will be a short-lived, shallow recession.

Across the county in January, the jobless figures rose in all areas with the exception of the west Kent districts of Tunbridge Wells, Tonbridge & Malling and Sevenoaks. Dover was the only other area to see a slight decrease in its numbers.

Sevenoaks remains the area with the smallest rate of unemployment at 2%, followed by Tonbridge & Malling (2.2%) and Tunbridge Wells (2.3%).

The highest remains in Thanet with 5.6% followed by Gravesham at 4.3% and Folkestone & Hythe at 4.1%.

Nationally, the ONS said average regular pay growth, excluding bonuses, fell to 6.1% in the quarter to January, down from 6.2% in the three months to December and marking the slowest growth for more than a year.

Liz McKeown, ONS director of economic statistics, said: “Recent trends in the jobs market are continuing, with earnings, in cash terms, growing more slowly than recently but, thanks to lower inflation, real-terms pay continues to increase.

“The number of job vacancies has also been falling for coming up to two years, though the total remains more than 100,000 above its pre-pandemic level.”

Chancellor Jeremy Hunt said: “Even with inflation falling, real wages have risen for the seventh month in a row.

Chancellor Jeremy Hunt says the economy is moving in the right direction
Chancellor Jeremy Hunt says the economy is moving in the right direction

“Take-home pay is set for another boost thanks to our cuts to national insurance which, in total, are putting over £900 a year back into the average earner’s pocket.”

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