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Employment Bulletin EB12/14

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Employment Bulletin EB12/14 Employment Bulletin A Monthly Analysis of Employment, Unemployment and Jobs EB 12/14 November 2014 Key Facts Unemployment according to the Government’s preferred measure was 1.96 million in the * Claimant count in Nottinghamshire falls by 1,123 three months to October 2014, over the month. down 63,000 from the previous * Jobless total now 17,527. three months and down 455,000 from the same period a year ago. The unemployment * Claimant count rates in November (residence based); rate was 6.0%, down 0.2 from United Kingdom 2.1% the previous three months and East Midlands 1.9% down 1.4 from a year earlier. Nottinghamshire 2.4% The unemployment rate County 1.8% for 16-24 year olds was 16.6% in the three months to October City 4.0% 2014, unchanged on the quarter but down 4.1 on the year. There * LFS Unemployment in the United Kingdom were 754,000 unemployed 1,960,000 or 6.0% of the workforce. young people aged from 16 to 24 in the quarter August to October 2014. Comparisons of youth unemployment over time from 16 to 24 in full-time and therefore increases the are complicated by the fact that education has increased unemployment rate. The lowest unemployment rates are substantially from 26.2% for youth unemployment rate was calculated as the number of March to May 1992 to 43.7% for 11.6% for spring 2001 and the unemployed people divided by August to October 2014. highest rate was 22.5% for the economically active Increasing numbers of young winter 2011. population which excludes those people going into full-time The seasonally adjusted not seeking or available for work. education reduces the size of the claimant figure for the United The proportion of people aged economically active population Kingdom decreased by 26,900 last month to 900,100 and was Figure 1: Unemployed Claimants in Nottinghamshire down 368,000 over the year. The number of people in 26,000 employment aged 16 and over 24,000 increased by 115,000 over the quarter to reach 30.80 million. 22,000 The employment rate for those aged 16 to 64 is now 73.0%, up 20,000 0.2 from the previous quarter and up 1.2 from a year earlier. 18,000 The number of people in full-time employment increased 16,000 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 by 166,000 on the quarter to reach 22.54 million. The Please acknowledge the source when quoting from this bulletin This bulletin is also available via our website at: www.nottinghamshire.gov.uk/living/business/economicdata/employmentbulletins number of people in part-time Fig 2: Unemployment change in TTWA's, Notts & UK - November 2014 employment was 8.25 million in 0.0 the three months to October -4.0 2014, down 51,000 on the previous quarter. -8.0 In the three months to -12.0 October 2014, there were 9.06 -16.0 million economically inactive -20.0 people aged from 16 to 64, % Rateof change down 2,000 from the previous -24.0 quarter but up 9,000 from a -28.0 month year year earlier. -32.0 Lincoln Mansfield Nottingham Worksop & Notts United Kingdom Average total pay Retford (including bonuses) was £483 per week in October 2014. Over the year total pay for Force Survey interview. This is Between October and employees in Great Britain up 10,000 from the previous November 2014, unemployment increased by 1.4%. A v e r a g e three months and down 18,000 decreased in all of the four Travel regular pay (excluding bonuses) on the year. The redundancy To Work Areas in the County was £456 per week in October rate was 3.9 per 1,000 (figure 2). Mansfield experienced 2014. Over the year regular pay employees, up 0.4 from the the largest decrease, with a rate for employees in Great Britain previous three months and down of change of -8.5%, followed by rose by 1.6%. Between October 0.8 from a year earlier. Nottingham with -5.9%, Lincoln 2013 and October 2014, the The unadjusted claimant -4.6% and Worksop & Retford Consumer Prices Index figure for the United Kingdom with -2.8%. increased by 1.3%. has decreased by 39,686 over Compared with November There were 690,000 job the month to 848,085. The 2013, all of the four TTWA’s in vacancies in the three months to proportion unemployed the County have reduced November 2014, up 10,000 calculated on the residence base numbers of claimants. The from the three months to August now stands at 2.1% of the largest change has been in 2014 and up 126,000 on a year population aged 16-64. Lincoln with a rate of change of earlier. The number of claimants -29.4% followed by Worksop & There were 2.8 in Nottinghamshire decreased by Retford with -28.8% Mansfield unemployed people per vacancy 1,123 between October and with -27.2% and Nottingham in the period from August to November 2014. The total of with -26.0%. October 2014, down 0.2 on the 17,527 is 6,343 less than it was Unemployment decreased quarter and down by 1.5 on the a year ago (see figure 1). in all of the seven Local Authority year. The proportion Districts in the County between In the three months to unemployed in Nottinghamshire October and November 2014. October 2014, 102,000 people is now 2.4%. This is higher than The largest decreases were in became redundant in the three the East Midlands (1.9%) and Mansfield with -8.2% and months prior to their Labour the United Kingdom (2.1%). Newark & Sherwood with -7.2%. Table 1: Claimant Count, November 2014 Area No.of Claimants Change over Claimant Count Rate Male Female Total Month Year Male Female Total UK seasonally adjusted 578,500 321,600 900,100 -26,900 -368,000 2.8 1.6 2.2 United Kingdom 539,735 308,350 848,085 -39,686 -374,805 2.7 1.5 2.1 East Midlands 34,036 20,315 54,351 -3,315 -24,983 2.3 1.4 1.9 Notts County (a) 5,639 3,246 8,885 -599 -3,616 2.3 1.3 1.8 Nottm City (b) 5,626 3,016 8,642 -524 -2,727 5.1 2.9 4.0 Nottinghamshire (a+b) 11,265 6,262 17,527 -1,123 -6,343 3.1 1.8 2.4 The rates shown in tables 1-4 are supplied by ONS. They are calculated by expressing the claimant count figures as a proportion of the resident population aged 16-64 derived from the latest mid-year population figures. Unemployment in the City of Mansfield and Ashfield compared with the same period Nottingham decreased by 524 recorded the largest decreases, last year resulting in rates of over the month resulting in a experiencing rates of change of change ranging from -25.5% in rate of change of -5.7%. -8.2% and -7.1% respectively, Mansfield to -36.0% in The rates of change followed by Gedling with -7.0% Newark. The three have varied throughout the and Sherwood with -6.6%. Nottingham Constituencies County over the year, from Over the month Nottingham have rates of change of -22.0% -34.7% in Newark & Sherwood East has changed by -6.7%, in Nottingham East, -25.2% in to -25.0% in Ashfield. Nottingham North by -4.4% Nottingham North and -25.3% Nottingham City changed by and Nottingham South by in Nottingham South. -24.0% over the year. -6.1%. Unemployment All of the eight decreased in all of the eight Parliamentary Constituencies in Parliamentary Constituencies in the County have decreased the County during November. numbers of claimants Table 2: Claimant Count by Travel To Work Areas in Nottinghamshire, November 2014 Travel To Work Area No.of Claimants Change over Claimant Count Rate Male Female Total Month Year Male Female Total Lincoln 2,916 1,466 4,382 -213 -1,822 2.9 1.4 2.1 Mansfield 2,406 1,458 3,864 -360 -1,441 2.6 1.6 2.1 Nottingham 8,948 4,890 13,838 -860 -4,861 3.3 1.8 2.5 Worksop & Retford 961 547 1,508 -43 -611 2.6 1.5 2.0 Proportions for Travel To Work Areas are calculated using the mid-2009 resident 16-64 population. Table 3: Claimant Count by Local Authority Districts in Nottinghamshire, November 2014 DistrictNo.of Claimants Change over Claimant Count Rate Male Female Total Month Year Male Female Total Ashfield 1,057 676 1,733 -123 -579 2.8 1.7 2.3 Bassetlaw 868 502 1,370 -42 -569 2.4 1.4 1.9 Broxtowe 653 364 1,017 -69 -524 1.8 1.0 1.4 Gedling 855 451 1,306 -90 -522 2.4 1.2 1.8 Mansfield 1,087 626 1,713 -154 -586 3.3 1.9 2.6 Newark & Sherwood 643 385 1,028 -80 -547 1.8 1.1 1.4 Nottingham** 5,626 3,016 8,642 -524 -2,727 5.1 2.9 4.0 Rushcliffe 476 242 718 -41 -289 1.4 0.7 1.0 *Figures relating to the Unitary Authority of Nottingham City in tables 3 & 4 are shown in italics.
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