Despite the negative impact of the
Rover situation the total number of unemployed in Coventry and
Warwickshire fell by 2.9% in March 2000, the biggest drop since
November last year, according to analysis undertaken by The
The most significant drops occurred
in Stratford (6%), Nuneaton and Bedworth (4.8%) and Rugby (4.2%). This
is linked to the lowest national rate of unemployment in March for 20
The overall unemployment rate in
Coventry and Warwickshire also fell for the first time in 2000, down
from 3.1% to 3.0%, well below the national figure of 4.0% and the West
Midlands rate of 4.3%, comparing favourably to the figure of 3.7% for
the same period last year.
Said Chamber research manager Jane
"These figures will help to
alleviate fears by individuals who may be adversely affected by the
Rover supply-chain knock-on, especially when the news that the level
of notified vacancies rose by 702 in Coventry and Warwickshire was
announced in March, an overall rise of just over 23% from
Figures for March 2000 in Coventry
and Warwickshire also revealed that the reduction of unemployed women
fell at a greater rate than that of men, 4% compared to 2.6%, the most
significant decreases so far in 2000.
The total number of unemployed in
Coventry and Warwickshire fell to 12,408, compared to 14,981 in March
1999, a fall of 17.2% in twelve months.
An extra 487 positions were declared by the Employment Service in
Coventry, in addition to 101 vacancies in Stratford, almost double the
figure for February - an overall 47% rise in just one month.