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 statistics show that the number of people in employment in the North East region – which includes both the North East and Tees Valley LEP areas – has increased by 6,000 over the last three months.
“Combined with statistics released last month that showed between March and June, the North East was the region in the UK with the largest increase in filled jobs, this suggests the regional labour market has begun to strengthen after a period of declining employment earlier in the year.
“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 3,000 more people unemployed than last quarter.
“As the UK prepares to leave the European Union, there remains significant uncertainty in the economy.
“The North East LEP will continue to work with partners in the region, as well as Government, to create more and better jobs for our region and to support residents to access good quality employment opportunities.”