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People and the Lincolnshire Economy – A look at the local labour market

Explore the local labour market dynamics in Lincolnshire, covering unemployment, employment, skills gap, qualifications, and more. Understand the challenges and opportunities for job creation and economic development in the region.

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People and the Lincolnshire Economy – A look at the local labour market

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  1. People and the Lincolnshire Economy – A look at the local labour market Adam Peacock Principal Development Officer Research & Information Team

  2. The Local Labour Market People who Work in Lincolnshire Live in Lincolnshire Invest in Lincolnshire Visit Lincolnshire

  3. Local Labour Market Indicators • Unemployment • Employment • Economic Inactivity • Vacancies • Qualifications • Earnings • Job creation

  4. Local Labour Market Overview Source: Annual Population Survey

  5. Measuring Unemployment • Claimant Count (Job Seekers Allowance) • ILO unemployment rate • Worklessness

  6. Claimant Count Source: Office for National Statistics

  7. Unemployment Over Time 31,064 26,291 Source: Office for National Statistics 24,332 16,401 16,390 15,682 12,995 14,617 13,356 7,565 6,528 5,484

  8. ILO Unemployment Rate Source: Annual Population Survey

  9. ILO Unemployment Rate Average Rate 2009 Source: Taylor Associates

  10. Worklessness Average Rate 2009 Source: Department for Work and Pensions

  11. Types of unemployment Source: Office for National Statistics

  12. Usual Occupation of Job Seekers Source: Office for National Statistics

  13. Job Vacancies Source: Office for National Statistics

  14. Vacancy Types to Jobseeker Types Source: Office for National Statistics

  15. No. of Job Seekers per Vacancy Source: Office for National Statistics 2008 2009 2011 2010

  16. Employment Source: Annual Population Survey

  17. Employment by Gender Source: Annual Population Survey

  18. Employment by Gender Source: Annual Population Survey

  19. Population aged 16-74 with no qualifications

  20. Qualifications Source: Annual Population Survey

  21. Education • 82% of school pupils achieve 5 GCSEs A*-C compared to 79% nationally • Approx 20,000 students in the county • University of Lincoln graduate retention rate of 27%

  22. Travel to Work Areas 1991 2001 Source: Census 2001, Office for National Statistics

  23. Skills Gap Proportion of organisations that feel there is a significant gap between the type of skills their current employees have now and those that they need to meet their current business objectives

  24. 4.1% 6.7% 7.2% Earnings Source: Annual Survey of Hours and Earnings

  25. Job Creation Source: Office for National Statistics, Experian

  26. In Summary • Unemployment levels should(!) start to fall • Compared nationally, unemployment rate is generally lower, and employment rate is higher • Employment tends to be lower skilled and lower wage (though situation is improving) • With current high levels of unemployment, the short term challenge is one of job creation and safeguarding • Longer term, the challenge is to create higher skilled jobs

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