UNEMPLOYMENT on the Isle of Wight has bucked a five year trend, with the number of Jobseeker’s Allowance claimants falling between August and September.
The number of people aged between 16 and 64 claiming the out-of-work benefit fell from 2,720 in August to 2,685 in September.
It was the first time in five years, and only the second time in at least eight years, that the number of claimants fell between the two months, which normally mark the end of the traditional holiday season.
There was a rise however, in the number of young people claiming Jobseeker’s Allowance.
According to the latest figures, released today (Wednesday) by the Office of National Statistics, the number of 18 to 24 year olds claiming the benefit rose from 700 to 720. That was still 130 fewer than the same time last year and the lowest September figure in five years.