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Another Rise in Regional Employment Levels

 

North East Chamber of Commerce (NECC) reaction to today's employment estimates.

For the third month in a row, employment and unemployment statistics are heading in the wrong direction for the North East.North East Chamber of Commerce (NECC) reaction to today's employment estimates.
Headline figures for the North East:

• Employment in the North East stands at 1,170,000 or 67.2% – a rise of 11,000 over the quarter and 11,000 over the year. This compares to a rate of 71.6% nationally.
• North East unemployment stands at 136,000 or 10.4% – a rise of 5,000 over the quarter and 1,000 over the year. This compares to a rate of 7.7% nationally.
• The claimant count stands at 83,600 or 6.8% in the North East, compared to 4.2% nationally.

NECC Director of Policy, Ross Smith, said: "It is good to see employment estimates up for the second successive month, but another slight rise in unemployment is a reminder that we must guard against complacency.

"While welcome, two months' growth in employment levels does not reverse the negative changes we have seen throughout 2013, hopefully it represents a positive trend as we approach the end of the year.

"Once again, claimant count figures continue to fall and stand at their lowest levels for over two years, which is great news."