Greg Hands, Member of Parliament for Chelsea and Fulham and Chief Secretary to the Treasury, has welcomed new figures, which show that since 2010 the number of people in his constituency claiming Jobseeker's Allowance and Universal Credit while not in employment have fallen by 887 - a 46 per cent drop.
These figures mean more people in work, with the security of a good job and a regular salary, allowing them to provide for themselves and their families. Jobs are being created in Chelsea and Fulham by businesses such as Metro Bank, which currently has one branch in the constituency at Fulham Broadway and is due to open a new branch on the King's Road later in 2015, creating jobs for 25 new employees.
The figures also showed that wages are rising not only at the fastest rate in real terms since 2007, but also for the eighth month in a row. This means more financial security for hardworking families in Chelsea and Fulham.
People are getting off benefits and into work, with 480,435 more people in work in London since the last Labour Government. Across the UK as a whole, there are almost 2 million more people at work than at the end of thirteen years of Labour Government.
In response to these figures, Greg Hands said: "This is great news for people who want to work hard and get on in Chelsea and Fulham, with wages rising at the fastest pace since 2007, and 887 fewer people relying on Jobseeker's Allowance and Universal Credit while out of work.
"That means more financial security for people in work, and more families with the security and stability of a regular pay packet. Good jobs are being created by businesses such as Metro Bank, whose Fulham Broadway branch I visited on Friday, 17 July.
"This is down to the hard work and the determination of people in Chelsea and Fulham, as well as to the Conservative Party's strong leadership and clear economic plan. We need to keep working though that plan by backing businesses to create more good jobs, and by supporting those who want to work hard and get on as part of our ambition to achieve full employment."