In Business growth and finance, News

North East Local Enterprise Partnership (LEP) Senior Economist, Victoria Sutherland, has commented on today’s regional labour market statistics, released by the Office for National Statistics.

“Today’s data shows a mixed picture for the North East region, which covers the North East LEP and Tees Valley LEP areas.

“We are pleased to see that the number of people in employment has increased by 6,000 over the last three months. The North East was one of five English regions to see employment increase, with only the North West and West Midlands having larger increases.

“Whilst the number of people in employment has increased, the number participating in the labour market has grown even faster. As a result, unemployment has also increased, with 7,000 more people unemployed than last quarter. The North East continues to have the highest unemployment and economic inactivity rates in England.

“It is important that partners across the North East continue to work together to create the conditions for a stronger economy which delivers employment growth. The North East LEP will continue to work with its partners to deliver the North East Strategic Economic Plan’s ambition of more and better jobs.”

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