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North East LEP ONS Regional Labour Market Statistics Reaction

North East Local Enterprise Partnership (LEP) Senior Economist Victoria Sutherland gave her reaction to today’s regional labour market statistics.

“We are pleased to see that unemployment continues to decline, with there being 3,000 fewer individuals in the North East that are unemployed than three months ago and 22,000 fewer than a year ago,” she said.

“The decline in the North East’s unemployment rate over the last year has been larger than any other region of the UK, with the North East now having a lower unemployment rate than North West, West Midlands and London.

“Today’s statistics show that there has also been decline in employment, with 34,000 fewer individuals in employment than three months ago. This reflects a broader trend with six of the nine regions across England and Scotland all experiencing declines in employment over this period.

“There has also been an overall decline in employment in the past 12 months, although this has been more modest – 17,000 – as the region had experienced good employment growth earlier in the year.

“With a decline in both unemployment and employment, we have seen an increase in the numbers that are economically inactive. This group includes individuals who are outside the labour market for a wide range of reasons, including full-time study, looking after family and home, disability and ill-health, and retirement.

“The North East LEP will continue to work with partners to deliver the North East Strategic Economic Plan and its ambition of ‘more and better jobs’ for the region.”

 

ENDS.

 

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North East LEP ONS Regional Labour Market Statistics Reaction

North East Local Enterprise Partnership (LEP) Senior Economist Victoria Sutherland gave her reaction to today’s regional labour market statistics.

“We are pleased that today’s release shows that the numbers of people in the North East that are unemployed has fallen, with 17,000 fewer unemployed than a year ago,” she said.

“We are disappointed to see that the numbers employed in the North East region has also fallen. Until additional data comes through, it will be unclear whether this is a temporary fluctuation.

“With both unemployment and employment falling, we’ve seen growth in the number of people that are not actively participating in the labour market – a group known as the economically inactive.

“The most recent data on the economically inactive suggest there has been particularly strong growth over the last year in the number of people that are inactive because they are studying, which we would consider a positive trend.

“We will continue to monitor conditions in the labour market closely.

“The ambition of the North East Strategic Economic Plan is to deliver ‘more and better jobs’ for the region, creating opportunities for those living and working in the region. We will continue to work with our partners to deliver this ambition.”

ENDS

 

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The bid to make 5G North East a reality: In conversation with Alan Welby

In the next few weeks, one city in the UK will be chosen to be the testbed for the next generation of 5G technologies, which have the potential to transform the way we live and work.

The North East LEP is part of the partnership, led by the North East Combined Authority (NECA), which has submitted the North East’s bid to the Department for Digital, Culture, Media & Sport (DCMS). 5G North East is our bid to place the North East at the heart of the UK’s 5G revolution.

If we’re successful, it could make a massive difference to the regional economy, with conservative figures pointing to a potential £500m productivity increase by 2025 and the possible creation of 1600 job equivalents by 2025.

These are modest estimates and it’s likely that the actual figures would be a lot greater as new channels to global marketplaces open up and 5G increases the status of the North East as a place to live and do business. In addition, there would be up to £200m direct investment in digital infrastructure capability between 2019 and 2021.

The range of applications for these new technologies is vast. Every area of business and society could benefit – the way our children learn in the classroom could be transformed by the use of Augmented Reality (AR); we could see the advent of smart factories with increased connectivity allowing smart supply chains and production lines; the management of traffic flow and electricity in our smart cities could be transformed; and there are many ways we could unlock opportunities for improvements around social care and ageing.

Why should the North East be chosen? I believe we have everything needed to make the region a successful test area for these new technologies. We have the partnerships in place, with public and private sector buy-in. We have a strong culture of innovation here, with significant assets – the Stellium data centre in North Tyneside and the National Innovation Centre for Data in Newcastle city centre, plus CPI’s National Centre for Printable Electronics at NetPark in Durham.

Our large scale ‘open innovation’ approach would see businesses, universities, public institutions and communities working together with communication service providers and mobile operators, trialling and developing 5G solutions to a range of challenges in the urban, industrial, business, social and environmental sectors.

Another USP is our project-ready team which is led by 5G expert Xavier Priem who has extensive experience working for multiple telecom suppliers, their customers and network operators and who has established specialist 5G research and innovation centres and projects across Europe.

From a practical point of view, the region is the right size and has the right mix of cities, rural areas and transport infrastructure with our ports, rail links and airports providing opportunities to test how 5G can be applied to importing, exporting and the tracking of goods.

We’re ready to go and we have a strong and compelling case for the North East to be at the forefront of the UK’s drive to become a global leader in 5G enabled communications.

We know there is great support in the region for this bid and we want to take advantage of this exciting opportunity for the North East.

Alan Welby, Innovation Director
North East LEP

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North East LEP ONS Regional Labour Market Statistics Reaction

North East Local Enterprise Partnership (LEP) Senior Economist Victoria Sutherland gave her reaction to today’s regional labour market statistics.

“We are pleased to see the continued growth of employment in the North East region,” she said. “Today’s statistics show that the number of people in work has increased by 13,000 over the last quarter.

“Over this period, we have seen a particularly strong improvement in the employment rate for 16 to 64 year olds, with this having increased at more than four times the rate of England as a whole and the North East having the second highest increase in the country.

“We have also seen a decline in the number of people out of work, with 8,000 fewer people unemployed than in the last quarter.   This means the unemployment rate has decreased from 5.2% to 4.6%. This is the largest decrease of any region in the UK over this period.

“Both of these trends are a continuation of the good news we’ve had on the labour market over the last year.

“We will continue to work with our partners to build on this progress and deliver the North East Strategic Economic Plan’s ambition of ‘more and better jobs’ for the region.

“At a national level, the focus of discussion about today’s data has primarily been on wage levels. The data released does not provide a regional breakdown of wage growth. Improving the productivity of the North East’s businesses will help them deliver wage increases and the SEP’s programmes of activities on business growth, innovation, skills and infrastructure all contribute to strengthening regional productivity.”

 

 

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Workshop facilitator opportunity

The North East LEP is looking to appoint a facilitator to support three workshops as part of the Applied Digital Technologies Science and Innovation Audit which is being led by a consortium covering the North East LEP and Tees Valley Combined Authority areas.

The workshops are part of our second stage of work and will produce a coherent, ambitious programme of activities to make the most of these opportunities.

Further information can be found here. Anyone interested in applying should provide the information requested in the specification to James Davies by midday on the 29 May 2018.

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North East LEP ONS Labour Market Statistics reaction

North East Local Enterprise Partnership (LEP) Senior Economist Victoria Sutherland gave her reaction to today’s labour market statistics.

“We are pleased to see the continued improvement in the North East labour market over the last quarter. This builds on the progress we have seen over the last year.

“There are 25,000 more people aged 16 to 64 in employment than three months ago and 31,000 more than a year ago.

“The particularly strong improvement in employment over the last quarter has resulted in the employment rate for 16 to 64 year olds increasing from 72.0% to 73.6%. This is the largest increase of any of the UK regions and a record high for the region.

“There has been a substantial improvement in recent months in the unemployment rate which has decreased from 5.3% last quarter to 4.9% this quarter. The decrease over the year has been even greater – with unemployment this time last year being 5.9%.”

“The North East LEP will continue to work with its partners to deliver the Strategic Economic Plan’s ambition for more and better jobs for our region.”

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In conversation with Karen Redhead, chief executive of Derwentside College: Supporting the ageing workforce

Derwentside College provides high quality education and training that helps learners to develop the knowledge, skills and qualities they need to achieve sustained employment and build successful careers.

Here principal and chief executive Karen Redhead tells the North East LEP about why it’s important to support the ageing workforce and its pioneering work with the over 50s.

Why is engaging with the over 50s so important?

The national picture, reflected here in the North East, shows the simple fact that we are all living longer, which means the over 50s are a growing demographic.

It’s also true that people are staying much more fit and healthy, meaning there is an increasing tendency – and appetite – for working into the later years.

In this region it’s no different. At Derwentside College, we often see people who have been made redundant or become a carer for another family member who want to resume working and need to retrain. They have a huge contribution to make in terms of skill set and work ethic.

Let’s also look at the economic argument. The North East has skills gaps that this part of the population can help close. What’s more, when people are physically and mentally active it contributes to their wellbeing, in turn reducing their reliance on the healthcare system and state.

With all this in mind, the over fifties are a talent pool we’d be silly to overlook.

How does the work you are doing fit with the North East LEP’s retrain, regain, retain campaign and the government’s Fuller Working Lives Strategy?

The LEP’s retrain, regain, retain work in line with the government’s Fuller Working Lives Strategy is extremely welcome. Our offer fits in very nicely with this.

Derwentside College is one of the UK’s largest providers of apprenticeships and last year just over a thousand of our apprentices were aged fifty or above.

We have many, many cases in which employers have had the foresight to see the benefits of retraining their existing workforce. In this instance, our job is to provide training and developing opportunities to help them unlock the potential of their older employees.

Where we align ourselves heavily with the LEP is in the drive to create ‘more and better jobs’. In particular that means helping people to move into the better jobs category, which is where someone is classed as holding a level 3 or above qualification.

Our focus is on the delivery of a recognisable level five qualification and leadership and management skills that support the technical skills of the individual in the sector they have been working.

How is Derwentside College working with employers to help them unlock their workforce potential and recruit more over 50s?

Our employer base is incredibly diverse – we are a significant provider within the public sector and we work with a lot of private companies to up skill their workforce.

We also work with a number of partners to ensure an appropriate skills pipeline.

Crucially, we have an outstanding partnership with Jobcentre Plus through which we work with the unemployed. This is hugely successful because we base our training provision around market needs, giving businesses access to the talent that they need and want. We have around 300 learners over fifty taking part.

We offer a specific course for the over 50s called ‘Pace and Purpose Fifty Plus’ and this links with Jobcentre requirements. The aim of this is to get the long-term unemployed back into a college environment so they can retrain in a way that’s comfortable to them.

In terms of our work with employers, we apply a very tailored approach to each one. We spend time understanding the issues, find solutions, help them train their staff and make sure this all marries with their policies.

Our work academies linked to specific sectors and employers have been particularly popular. Our contract with caravan manufacturer Erwen Hymer is a great example of this.

Erwen Hymer needs to increase its 500-strong workforce to 700. In response we have developed a manufacturing academy focused on the unemployed to deliver the skills it requires. It’s been a brilliant way to get learners into jobs to everyone’s benefit.

 

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North East LEP to publish first, annual ‘Our Economy’ report

The North East Local Enterprise Partnership (North East LEP) will unveil its first annual ‘Our Economy’ report at Sage Gateshead on Tuesday 6 March 2018.

Presenting an overview of the North East economy and how it is changing over time, the new report will become an important resource for government, policymakers and businesses operating in the region.

Andrew Hodgson, Chair of the North East LEP said: “It’s important we track our progress and monitor our economic performance so we position the North East to take advantage of future developments, including those arising from the Government’s recently published Industrial Strategy.

“Our annual review of the North East economy will ensure we remain on track to deliver the refreshed Strategic Economic Plan and reach our aim of creating 100,000 more and better jobs by 2024.”

As well as providing a comprehensive look at the regional economy, ‘Our Economy’ will also look, in-depth, at a topical issue affecting the North East. In 2018 that topic will be ‘the North East in the global economy’.

Victoria Sutherland, Senior Economist at the North East LEP said: “We’re bringing an expert panel of speakers together from business, education and government to discuss the importance of international relations and what the North East needs to do to build stronger international links going forward.

“Our keynote speaker will be a North East business already trading internationally, and they will share how other regional businesses can follow in their footsteps.”

Our Economy 2018 – with insights into global connections, takes place at Sage Gateshead on Tuesday 6 March from 08:30-11:00. Places are free but must be booked in advance using the Eventbrite form

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North East LEP ONS Regional Labour Market Statistics Reaction

North East Local Enterprise Partnership (LEP) Senior Economist Victoria Sutherland gave her reaction to today’s regional labour market statistics.

“We are pleased to see that employment continues to grow across the North East region. Today’s data shows the number of people in employment has grown by 34,000 over the last year, with 11,000 more people in work over the quarter.

“Once a quarter we get more detailed statistics than in other months and today is one of those occasions. These additional data show that there has been growth in service sector jobs of 24,000 over the year. Within that, we are particularly pleased to see growth in the information and communications sector, which includes many of the region’s digital companies, and growth in professional, scientific and technical activities.

“We are also pleased to see that the manufacturing sector, which has always played a critical role in the North East economy, has grown, with 8,000 more jobs over the year.

“We are continuing to see unemployment decline. Our unemployment rate is now 5.2%, compared to 6.8% last year. This is the largest decline in the unemployment rate of all English regions over the year.

“The number of people unemployed is down 7,000 over the quarter and 20,000 over the year.

“There has been growth in both full and part-time workers and across both employee jobs and self-employment. This is different to the national picture, where self-employment has fallen. We have seen a decline in the number of workers with second jobs and the number of people in temporary jobs. Combined, these suggest that demand for labour is growing.

“The North East LEP will continue to work with partners to ensure individuals have the skills to take up the opportunities being created by the North East’s employers.”