By Martin Neville
Wednesday, April 16, 2014
THE year-on-year drop in Isle of Wight unemployment continued last month (March).
There were 1,183 fewer people claiming Jobseeker’s Allowance (JSA) compared to the same time last year.
Latest figures show 2,669 people claimed the out-of-work benefit last month — or 3.3% of Island 16 to 64 year olds — compared to 3,852 — or 4.7% — in March 2013.
The month-on-month figure was also down significantly, with 3,013 people — or 3.7% — claiming JSA in February 2014.
Despite the dramatic falls, Island unemployment is still much higher than the South East and national average at 1.8% and 2.9% respectively.
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