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March 2010 - Hold Tight!

Unemployment in Devon is holding tight at 2.5% with no significant change in the number of people claiming Job Seekers Allowance this month. The number did edge up slightly to 10,766 (an increase of just 62 people) but things could have been much worse. Activity in the labour market picked up slightly with significant churn returning to the labour market - over 2,500 people stopped claiming JSA only slightly less then the number of new claimants (overall churn increase by around a quarter – a significant step in activity).