GBSLEP response to Official Labour Market Statistics

Posted by lepadmin - September 11, 2013 - Economic performance, Newsroom - No Comments
Andy Street, GBSLEP Chair.

Andy Street, GBSLEP Chair.

Following the announcement of the Official Labour Market Statistics unemployment figures today (Wednesday), Greater Birmingham & Solihull Local Enterprise Partnership Chair Andy Street said:

“While we recognise all sorts of factors need to be taken into account, the news that the unemployment level in the GBSLEP is continuing a downward trend is a positive sign.

“Figures for August 2013 show there are now 60,424 claimants (a rate of 6.8%), compared with 67,254 in August 2012 (7.5%) and 70,043 in August 2011 (7.9%).

“Of course, it doesn’t tell the full picture. But with the marvelous news from Jaguar Land Rover taken into account and an increasing optimism amongst businesses – particularly in the advanced engineering sector – we can take confidence from the figures.

“What we need to do now is continue to work to create the conditions for investment and that the opportunities that are coming from these investments benefit people and businesses in Greater Birmingham.”

The Greater Birmingham & Solihull Local Enterprise Partnership is currently running a campaign to encourage employers to take advantage of more than 2,000 grants worth £1,500 which are available when taking on apprentices aged 16-24.

For further information about the Regional Labour Market Statistics click here.