Partner Article
North East employment up 11,000 for the quarter
The latest Office for National Statistics (ONS) figures have shown a considerable rise in North East employment between May and July.
The report revealed that employment in the region stands at 1,209,000 or 70.9% - an increase of 11,000 over the quarter and 50,000 over the year. This compares to a rate of 74.5% nationally.
Meanwhile, North East unemployment stands at 98,000 or 7.5% - an increase of 3,000 over the quarter, but a fall of 11,000 over the year. This compares to a rate of 4.9% nationally.
Moreover, the claimant count stands at 50,700 or 4.2% in the region. The national claimant count rate is 2.2%.
Paul Carbert, policy adviser, North East England Chamber of Commerce said: “The figures released today are generally positive.
“Our employment rate in the North East has increased by more than any other region in the past year, as was also the case last month.
“Unemployment is slightly up over the quarter but the longer-term trend is still positive. One cause for concern however is our lack of progress on closing the gap with the national unemployment rate.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business