Labour candidates Naz Sarkar and Anneliese Dodds have welcomed news that unemployment in Reading in February was virtually unchanged from the previous month, and remains well down on the peak in August last year.
A total of 5010 people were registered unemployed in February across Reading West and Reading East constituencies, just 18 up on the January figure and 437 down on August 2009.
Naz Sarkar says: "Many pundits were warning last year that unemployment nationally would hit 3,000,000. Actually it is 2,450,000 and falling, more than half-a-million jobs having been saved because of the actions the Labour Government has taken. Labour thinks jobs are worth saving, the Tories think unemployment is a price worth paying."
Anneliese Dodds adds: "As the Managing Director of the IMF said yesterday, "What we need now are strategies that can restore fiscal sustainability, but that do not jeopardize the economic recovery by withdrawing support too soon" and that is exactly what Labour is trying to deliver. The Tory demand for 'cuts now' is economically wrong and socially dangerous."
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