Mixed figures released
The unemployment rate in the North East remained stable at 5.4% in the three months to March 2019, but the region’s figure also remains the highest in the UK. The UK average sits at an all-time low of 3.7%.
The North East’s employment rate fell 0.8% to 71.1%, the lowest in the UK. The region’s economic inactivity rate rose 0.7% to 24.7%, leaving Northern Ireland the only region with a higher figure.
Arlen Pettitt, Chamber Knowledge Development Manager, said: “North East England’s unemployment rate has been ticking up since last summer, reflecting our Quarterly Economic Survey results over the past few months which have seen a concern over staffing and recruitment trending upwards.
“The Government needs to look beyond the headline national figures and address the fact that the country’s economy continues to be built on regional imbalances. Here we may have seen more positive statistics a year ago as businesses planned for Brexit, but now the uncertainty is starting to bite.
“With confidence in the future lacking, businesses will be working even harder to make sure every time they recruit it’s the right person with the right skills.”
Sam Wall, Founder and Recruitment Director, SEAO Talent Partners based in Newcastle supports organisations to grow through talent strategy, end to end recruitment, assessment centres and outplacement. She started the business 6 months ago after a successful in-house recruitment career spanning 15 years. SEAO now has a team of 6 in-house recruitment professionals providing services to all businesses including startups, scale ups, those in growth and in transition.
She said “These employment figures stress the importance for businesses to source talent with thought and consideration. Opportunities need to be shared far and wide to ensure exposure and inclusivity. The clients we are currently partnering are however, still committed to gain additional team members, with roles and opportunities out there for individuals. The commitment is also there for the future, with many of our clients (and SEAO Talent Partners included) having steady, long term plans in place.”