Home / labour market

North East Local Enterprise Partnership reaction to ONS regional labour market statistics

The North East Local Enterprise Partnership’s (North East LEP) Strategy and Policy Director, Richard Baker, has commented on today’s regional labour market statistics, released by the Office for National Statistics (ONS).

“Today’s figures show a national surge in unemployment as employers prepared for the end of the furlough scheme. The North East region now has the highest rate of unemployment in the country which is extremely concerning – especially as this month’s data does not yet take account the impact of the current tighter restrictions.

“The unemployment figure for the North East region, including the North East LEP and the Tees Valley LEP areas, was at 6.7 per cent at the end of September, compared to 4.8 per cent nationally. The North East LEP area has seen the number of people claiming unemployment-related benefits increase by over 60 per cent since March. A big concern is the large rise in younger people aged 16-24 not in employment across the UK.

“Our businesses continue to work hard to keep their teams together, but we are faced with a stop-start recovery, where ongoing support will be critical for business and for jobs. We welcome government’s recent decision extend the support available to the economy and will be monitoring its impact closely as we move into the winter.

“Strategic leadership and a strong partnership with government is more critical than ever – we need to ensure that support for businesses is reflective of the need of our region.”

Home / labour market

North East Local Enterprise Partnership reaction to ONS regional labour market statistics July 2019

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

“Today’s figures show a broadly stable picture. The number of people in employment in the North East region, including Tees Valley, is 4,000 higher than in the last quarter – this is a small increase but one that we welcome, especially given recent volatility here and elsewhere.

“Compared with the same period last year, again we see a small increase, with 2,000 more people in employment.

“In terms of unemployment and economic inactivity, levels of unemployment have remained steady compared with the last quarter. Economic inactivity, which is measured as people aged 16 to 64 who are not in work and are not looking for work, has remained broadly stable over both the last quarter and the last year.

“Across the rest of the North we can see that there have been large decreases in the number of people in employment during the last quarter. This illustrates the uncertainty within the economy.

“Also released today is data showing employment trends for the North East LEP area only. Creating 100,000 more and better jobs in the North East LEP area by 2024 is a key target of the North East Strategic Economic Plan. Today’s figures show that, since 2014, 74,900 jobs have been added to the North East economy – meaning that we are 75% of the way towards achieving our target.

“The team here at the North East LEP will continue to work with our partners to deliver the Strategic Economic Plan and its ambition of more and better jobs for people here in our region.”