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Regional Employment Continues To Grow

 

North East employment levels continue to grow, according to the latest figures released today.

Latest employment figures show a slight increase in employment in the North EastNorth East employment levels continue to grow, according to the latest figures released today.

However, the statistics also show a slight increase in regional unemployment while UK unemployment dropped by 51,000 to 2.61 million in the three months to April.

Headline figures for the North East:

• Employment in the North East stands at 1,143,000 or 66.5% – a rise of 3,000 over the quarter and 10,000 over the year. This compares to a rate of 70.6% nationally.
• North East unemployment stands at 145,000 or 11.3% – a rise of 8,000 over the quarter and 27,000 over the year. This compares to a rate of 8.2% nationally.
• The claimant count stands at 93,700 or 7.7% in the North East, compared to 4.9% nationally.

Reacting to the news, North East Chamber of Commerce Director of Policy, Ross Smith said:

"Employment in the North East continues to grow, which is a good indicator of economic health. However, unemployment has also risen in the region while it has gone into reverse elsewhere in the country.

"Nationally, statistics show a steady fall in public sector employment and an increase in private sector employment – with a marginally positive net effect. Given the larger role the public sector has historically had in the North East, our significant private sector job gains may still not be enough to offset large-scale public sector losses, despite a series of recent good news announcements.

"The North East still has plenty to be optimistic about with our unparalleled export performance and healthy manufacturing and engineering sector."