North East Local Enterprise Partnership (LEP) Senior Economist Victoria Sutherland gave her reaction to today’s regional labour market statistics.
“We are disappointed to see that today’s labour market statistics show that employment has fallen across the North East region, including Tees Valley.
“Employment has declined by 5,000 over the last quarter and 26,000 over the year.
“In addition, whilst unemployment has remained stable over the last quarter, it has increased by 7,000 over the last year.
“There has also been a rise in those that are outside the labour market, for example, because they are studying, looking after children or due to ill health.
“These trends are particularly disappointing given that the region had made significant progress in last few years.
“The number of men in employment has increased slightly over both the quarter and year, meaning the decline in employment reflects a fall in the number of women in work. In total, 23,000 women have left the labour market in the North East the last 12 months. Going forward, it will be important to understand what is driving these trends.
“The North East LEP will continue to work with partners across the region to deliver the Strategic Economic Plan and its goal to deliver 100,000 more jobs by 2024 and to ensure the provision is in place to help residents progress towards, and into, available employment opportunities.”