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<p>As of 12<sup>th</sup> March, employment rates in the UK are at a record high at
76.5% and unemployment is at a near record low at 3.9%. 33 million people are now
in work, which is 271,000 more than last year. The growth in employment has largely
been driven by an increase in female full-time employment.</p><p> </p><p>The Government
is investing over £1.3 billion through Yorkshire and Humber Local Enterprise Partnership
(LEP) Growth Deals. This includes over £141 million through the Humber LEP that is
providing financial assistance to local businesses, as well as improving infrastructure
and skills. We have also established Enterprise Zones across the UK including in the
Humber, which is the largest Enterprise Zone award in the country. The Zone has attracted
business investment and new jobs to the area, such as at the Humber Enterprise Park
in Brough in the Hon Gentleman’s constituency.</p><p> </p><p>The Government-backed
British Business Bank’s Start-Up Loans programme provides loans to entrepreneurs seeking
to start and grow their own businesses. Since 2012, 5,930 loans have been issued in
the Yorkshire and the Humber region, totalling over £50 million. In the Haltemprice
and Howden constituency, 110 loans have been issued, totalling over £1 million (as
at end-December 2019).</p>
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