CUMBRIA ECONOMIC BULLETIN March 2008 A JOINT PUBLICATION Cumbr ia Economic Intelligence Partnership Centre for Regional Economic Development CONTENTS Page Section Heading Number Introduction 1 1 Macro-Economic Overview 2 2 Selected National Economic Indicators 4 3 Corporate Change in Cumbria 5 4 Unemployment and Claimant Data 11 5 Notified Vacancies Data 21 6 Cumbria Economic Assessment 2008: A Summary 23 7 The Spatial Interaction of Housing and Labour Markets: the 26 Case of Cumbria 8 Trends in Logistics in Cumbria: Employment, Skills and 34 Competitiveness Appendix: Map of Cumbria Travel-to-Work Areas 38 Cumbria Economic Bulletin March 2008 INTRODUCTION Welcome to the March 2008 edition of the Cumbria Economic Bulletin . For the benefit of new users, the Bulletin is jointly produced by the Centre for Regional Economic Development (CRED), at the University of Cumbria in Carlisle, and the Cumbria Economic Intelligence Partnership (CEIP). CEIP is a countywide group established to improve the understanding of the local economy and labour market through research, analysis and data dissemination. Partners in the group include Cumbria County Council, district councils, Cumbria Vision, Invest in Cumbria, Cumbria Tourism, the Lake District National Park, Cumbria Learning & Skills Council and Further Education Colleges. The Bulletin is intended to contain data relevant to the County for the benefit of a broad readership, but especially for policy makers, industrialists and academics. We would like to take the opportunity to point out that a monthly unemployment and claimant count/rate briefing can be supplied via an e-mail distribution list. Names can be added to this list on request by e-mail to
[email protected] .