Policy Assessment Model (PAM)

There has always been a need for policy to be grounded in evidence, but at a time when money is becoming tighter across the public sector, that need becomes even greater. Resources must be targeted where they can make the most difference. Gaining understanding of the future impact of policy decisions is therefore invaluable.

Past experience and local knowledge can provide some of that understanding, but it can’t tell us everything about the future. That is where tools like the Observatory’s Policy Assessment Model (PAM) come in.

This short slidecast explains why the Policy Assessment Model (PAM) was developed, how it works and how it can be used.

View on viddler | Get slides (ppt,  651kb)

The Policy Assessment Model goes beyond standard forecasting tools (although it will produce forecasts). It allows the direct and indirect impacts of a wide range of policy options and scenarios to be modelled over the long-term, allowing more informed decisions. It is capable of modelling impacts on the economy, the population and the local authorities within the West Midlands.

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West Midlands unemployment now highest of all regions

Office for National Statistics logoLatest data from the Office for National Statistics reveals that unemployment has increased to 8.4 per cent in the West Midlands – higher than any other English region – as 36,000 more people became unemployed in the quarter from November 2008 to February 2009.

The unemployment rate has now increased by 2.4 percentage points on the same period last year, and 1.4 percentage points on the previous quarter. Employment has declined by 2.8 percentage points in the year February 2008 to February 2009 and is declining at a rate almost three times the national rate of 1.0 percentage points.

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