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Lincolnshire Research Observatory www.research-lincs.org.uk People and the Lincolnshire Economy People and the Lincolnshire Economy – A look at the local.

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Presentation on theme: "Lincolnshire Research Observatory www.research-lincs.org.uk People and the Lincolnshire Economy People and the Lincolnshire Economy – A look at the local."— Presentation transcript:

1 Lincolnshire Research Observatory People and the Lincolnshire Economy People and the Lincolnshire Economy – A look at the local labour market Adam Peacock Principal Development Officer Research & Information Team

2 Lincolnshire Research Observatory People and the Lincolnshire Economy The Local Labour Market People who Live in Lincolnshire Work in Lincolnshire Invest in Lincolnshire Visit Lincolnshire

3 Lincolnshire Research Observatory People and the Lincolnshire Economy Local Labour Market Indicators Unemployment Employment Economic Inactivity Vacancies Qualifications Earnings Job creation

4 Lincolnshire Research Observatory People and the Lincolnshire Economy Local Labour Market Overview IndicatorNo.%England (%) Working age people429,000 Working age people in employment318, No. of employees272, No. self employed46, No. of people not in employment111, No. of people unemployed22, No. of people economically inactive89, No. of people on out-of-work benefits60,00014 Source: Annual Population Survey

5 Lincolnshire Research Observatory People and the Lincolnshire Economy Measuring Unemployment Claimant Count (Job Seekers Allowance) ILO unemployment rate Worklessness

6 Lincolnshire Research Observatory People and the Lincolnshire Economy Claimant Count Source: Office for National Statistics

7 Lincolnshire Research Observatory People and the Lincolnshire Economy 24,332 31,064 15,682 13,356 26,291 12,995 6,528 5,484 7,565 16,401 14,617 16,390 Unemployment Over Time Source: Office for National Statistics

8 Lincolnshire Research Observatory People and the Lincolnshire Economy ILO Unemployment Rate Source: Annual Population Survey

9 Lincolnshire Research Observatory People and the Lincolnshire Economy ILO Unemployment Rate Source: Taylor Associates Average Rate 2009

10 Lincolnshire Research Observatory People and the Lincolnshire Economy Worklessness Source: Department for Work and Pensions Average Rate 2009

11 Lincolnshire Research Observatory People and the Lincolnshire Economy Types of unemployment Source: Office for National Statistics

12 Lincolnshire Research Observatory People and the Lincolnshire Economy Source: Office for National Statistics Usual Occupation of Job Seekers

13 Lincolnshire Research Observatory People and the Lincolnshire Economy Job Vacancies Source: Office for National Statistics

14 Lincolnshire Research Observatory People and the Lincolnshire Economy Vacancy Types to Jobseeker Types Source: Office for National Statistics

15 Lincolnshire Research Observatory People and the Lincolnshire Economy No. of Job Seekers per Vacancy Source: Office for National Statistics

16 Lincolnshire Research Observatory People and the Lincolnshire Economy Employment Source: Annual Population Survey

17 Lincolnshire Research Observatory People and the Lincolnshire Economy Employment by Gender Source: Annual Population Survey

18 Lincolnshire Research Observatory People and the Lincolnshire Economy Employment by Gender Source: Annual Population Survey

19 Lincolnshire Research Observatory People and the Lincolnshire Economy Population aged with no qualifications

20 Lincolnshire Research Observatory People and the Lincolnshire Economy Qualifications Source: Annual Population Survey

21 Lincolnshire Research Observatory People and the Lincolnshire Economy Education 82% of school pupils achieve 5 GCSEs A*-C compared to 79% nationally Approx 20,000 students in the county University of Lincoln graduate retention rate of 27%

22 Lincolnshire Research Observatory People and the Lincolnshire Economy Travel to Work Areas Source: Census 2001, Office for National Statistics

23 Lincolnshire Research Observatory People and the Lincolnshire Economy Skills Gap Proportion of organisations that feel there is a significant gap between the type of skills their current employees have now and those that they need to meet their current business objectives

24 Lincolnshire Research Observatory People and the Lincolnshire Economy Earnings 6.7% 7.2% 4.1% Source: Annual Survey of Hours and Earnings

25 Lincolnshire Research Observatory People and the Lincolnshire Economy Job Creation Source: Office for National Statistics, Experian

26 Lincolnshire Research Observatory People and the Lincolnshire Economy In Summary Unemployment levels should(!) start to fall Compared nationally, unemployment rate is generally lower, and employment rate is higher Employment tends to be lower skilled and lower wage (though situation is improving) With current high levels of unemployment, the short term challenge is one of job creation and safeguarding Longer term, the challenge is to create higher skilled jobs


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