Latest labour market data shows slight improvements for the West Midlands

Office for National StatisticsThe latest labour market statistics released today by the Office for National Statistics are the most positive for many months.

In the West Midlands, the employment rate has increased slightly and unemployment and Jobseeker’s Allowance claimants have both fallen slightly.

The employment rate in the West Midlands is now 70.3% (August-October 2009) , up from 70% in the previous quarter.

There are 22,000 more people in employment than in the three months to July 2009.

The unemployment rate fell from 10.5% in May-July 2009 to 10.1% in the three months to October 2009. This equates to a small fall in the number unemployed of 8,000.

The number of people claiming Jobseeeker’s Allowance also fell slightly by 1,600 people. The claimant count now stands at 183,400 people in the region.

It will be important to see whether these trends continue in this positive direction over the next few months.

Despite the small fall in unemployment in the West Midlands, the region  still has the highest rate of unemployment in the country. The youth claimant rate in this region is also the highest in the country, with more than 1 in 10 young people claiming Jobseeker’s Allowance.

See our page on the latest employment and unemployment data for further analysis of these labour market statistics.

To see which areas within the region have been most affected by the recession, we’ve updated our interactive maps at local authority level and ward level to include an analysis of the increase in claimant rates in each area over the year.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: