DEC 00] THE CHAMBER NEWS
Continues To Tumble
figures have continued to tumble in Coventry and Warwickshire, with
almost 300 people signing off in November.
North Warwickshire recorded an increase in the number of claimants,
11, as the sub-regional unemployment rate dropped to 2.6 per cent.
number of vacancies fell overall, but this excludes seasonal work in distribution,
hotels and restaurants.
has led to increased confidence among firms in the area about their
prospects for 2001.
analyst Gareth Brown said:
making comparisons with twelve months ago there are now 1,291 less
claimants in the sub-region, and that can only be a positive when it
comes to overall confidence.
up to the busy seasonal period there are many short-term vacancies
that will be filled to aid the service sector.
is reflected in the figures for November as the distribution, hotel
and restaurant industries reported 3,922 vacancies to the employment
Service of which 3,551 are officially not filled.
buoyancy in the service sector is also highlighted in the Chamber
fourth period economic review with 69.6 per cent of companies
expected increased turnover over the seasonal period.”
biggest drops in claimants was in Rugby, where 56 people signed off
– a decrease of 6.2 per cent. Other large drops were in Nuneaton and
Bedworth with 44 fewer claimants (3 per cent) and Coventry: 174 drop
(2.9 per cent).
number of vacancies across the sub-region fell by 17 per cent compared
with October, from 4.240 to 3,504. Only Stratford and North
Warwickshire recorded a rise.