[18
JUL 00] THE CHAMBER NEWS
Unemployment Falls To Record Low
Unemployment
figures have fallen again in Coventry and Warwickshire – now
standing at their lowest level for years.
And
the number of vacancies keeps on rising, with 888 new posts up for
grabs between May and June in the city and county. And in Rugby alone
there were 160 new vacancies - meaning there are 405 jobs on offer - a
rise of 65 per cent in a month.
But
there is a warning that the rosy picture cannot continue, and a
reversal of fortunes is on the cards – over the summer months at
least.
There
are now 11,648 people registered as looking for work in Coventry and
Warwickshire, which is 2,175 fewer than this time last year.
Sam
Richardson, Chamber analyst, said:
“These
figures are most welcome throughout the business sector in Coventry
and Warwickshire, it’s very encouraging that levels fell in each
of the districts.
“The
overall UK unemployment figure is at a 20-year low, currently
residing at 3.8 per cent, down 0.6 per cent from June last year, and
the sub-region of Coventry and Warwickshire reflects this decrease,
also down 0.6 per cent to 2.8 per cent in June 2000.
“Despite
unemployment figures falling since the start of the year, June could
be the last real drop for the next few months, with the arrival of
summer signalling an anticipated drop in filled vacancies.
“It
is however, reassuring to see there was a drop in unemployment
across the entire sub-region in June 2000, with the most significant
chance in North Warwickshire, with a 4.7 per cent fall.”
Looking
at each district in detail - the area name followed by the number of
jobseekers, and then percentage of workforce unemployed:
North
Warwickshire -
674 (
1.9)
Nuneaton
and Bedworth - 1,591
(4.1)
Rugby
- 1,033
( 2.1)
Stratford
- 728 (1.2)
Warwick
- 1,433 (2.0)
Warwickshire
(all five districts) - 5,459
( 2.1)
Coventry
- 6,189 (
4.0)
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