Overview of the South West The South West Labour Market.

Slides:



Advertisements
Similar presentations
Commission on Sustainable Development in the South East Going for Growth: comparing the South Easts economic performance What framework and.
Advertisements

Average Earnings by Highest Qualification and Region 2006.
London Skills & Employment Observatory Inclusion in partnership with The Team, Marchmont Observatory and Roger Tym & Partners.
Patrick Bowes Regional Economic Intelligence Unit
The North East economy in a different light: Some slides you won’t have seen Chief Economist – North East LEP.
SMALL BUSINESS UPDATE Matthew James Thursday, 19 th May 2005.
Dungannon & South Tyrone Borough Council Mr Vinny Beggs Mr Vinny Beggs Enterprise, Investment & Grants Manager October 2009.
Joan McNaboe Skills and Labour Market Research Unit, SOLAS December Regional Labour Markets Bulletin 2013.
The North East Economy: A great place to invest. Overview of North East LEP Area.
Skills and Employment Introductory Presentation – Kathy Slack, Enterprise M3 Round table discussions (50 minutes) (Professor Elizabeth Stuart, Tim.
Change and Renewal Recession & Recovery in Birmingham & Solihull The Churches’ Industrial Group Birmingham Glynn Jones Thursday 10 th June 2010.
Regional Differences in the Graduate Earnings Premium James Carey, Swansea University Introduction Despite large rises in student numbers, the graduate.
OLDER WORKERS IN THE SCOTTISH LABOUR MARKET Emma Hollywood,* Ross Brown,** Mike Danson,*** Ronald McQuaid* * Employment Research Institute, Napier University,
Youth Employment Convention Presented by Teresa Logan Head of SME Development and Delivery.
Equitable full employment: Delivering a jobs recovery for all Tony Wilson, Policy Director Centre for Economic and Social Inclusion
FOR AND AGAINST Minimum Wage. Aim The main aim is to reduce poverty and to reduce pay differentials between men and women. Other aims include reducing.
Higher Level Skills Needs in London Alison Morris Rachel Pinto January 2013.
Supply-side Indicators for the UK Economy Tutor2u Economics February 2009.
Allan Baillie KCC Skills & Employability. Skill Gaps – Skill Building Skills Gaps Youth unemployment Earning and Learning The ‘right skills’ The role.
Measuring Regional Economies: Visualising the data Dev Virdee Head of Regional Economic Analysis Division Office for National Statistics United Kingdom.
1 What is (and is not) a Skills Planning Mechanism for South Africa? 19 March 2014 Pretoria Labour Market Intelligence Roundtable.
Paul Convery Director, Centre for Economic & Social Inclusion Learning, skills and crime reduction.
We help employers deliver quality social care Employment & Skills Partnership Board Meeting 15 June 2012.
Scotland’s Labour Market – Latest Developments Denise Patrick Lifelong Learning Analytical Services Division 25 th May 2010.
Shaping the Economic Development Strategy Local Economic Assessment – The Evidence Housing Services Forum - March 2011 Ephraidge Rinomhota Snr Economic.
2. Some actual examples, core data & labour market data North East Regional Economic Model(NEEM) Overview and Training Session 24 June 2008 North East.
Copyright 2010, The World Bank Group. All Rights Reserved. The labor concept & the related indicators Part 2 Concepts Produced in Collaboration between.
CLOSING THE PROSPERITY GAP KEY POLICY AREAS. THE REGIONAL DIVIDE Greater London GVA- 171% of UK West Wales and Valleys- 72.6% of UK jobs to be created.
Skills that Work for Wales A skills and employment strategy Jon Waters Skills Strategy team, WAG.
Update on the labour market Andrew Damant - Labour Market Economist.
1 Workforce Development and Planning - A Regional Approach AISR Seminar 31 October 2008 Eric Parnis.
Skills & Sectoral Change. 2 SKILLS AS A DRIVER OF PRODUCTIVITY What do skills in the region look like?
Overview of the South Australian Labour Market Presenter: Ivan Neville Branch Manager, Labour Market Research and Analysis Branch.
8 th BITRE Transport Colloquium Meeting Skills Gaps in Australia’s Transport Industries Presenter: Ivan Neville Branch Manager, Labour Supply and Skills.
Year 10 GCSE Economics Globalisation / Migration and the UK economy.
The Distribution of Recent Economic Gains: Some early observations Ben Dolman.
Labour Market Information - Humber. Labour Market Information (LMI) LMI usually refers to data found in tables, spreadsheets, maps, graphs, charts, reports.
The Role of Policy – can regional policy really make a difference?
2015 English Indices of Deprivation – South Devon and Torbay CCG Contact: Torbay Public Health.
South West Healthy Labour Market Review Final Report Matthew Williams Institute for Employment Studies.
ADDRESSING SKILLS MISMATCH in TURKEY 11 April, PARIS.
LLNs and Higher Level Skills: A Northwest Perspective Dr Lis Smith, NWDA.
Introduction to the Labour Market Concepts & terminology Availability & limitations.
Scope of the Report Economic Value and Growth by sector Employment and Economic Activity Skills Economic Inactivity and Unemployment.
Building pride in Cumbria Do not use fonts other than Arial for your presentations West Cumbria Today: setting the scene Dr Dan Bloomer Cumbria County.
Scale of the challenge Dave Simmonds Centre for Economic & Social Inclusion.
Information in this presentation is subject to change Next generation services - Broadband & voice progress - March % UK coverage 549 Next generation.
EHOD Skills Plan – Evidence Base Ben Neild. Content Look at how the EHOD Economy has been changing (Demand) Review educational attainment (Supply of skills)
How can labour market policy contribute more to quality local job creation Sylvain Giguère, Head of the LEED Division, OECD.
England Slide Pack February 2016 Employer Skills Survey 2015.
Modern Labour Economics Chapter 2 Overview of the Labour Market.
13/12/2006 Trends in migration in the region Jon Carling, Head of NERIP 13 May 2008 NERIP CONFERENCE.
Skills Context – North East LEP 22 th March 2016 Michelle Duggan Fiona Thom.
Policy implications for London Yolande Burgess, London Councils Young People's Education and Skills.
Presentation to OECD Policy Forum on the reassessment of the OECD Jobs Strategy 7-8 July 2005, Tokyo, Japan Better Jobs, Working Smarter.
Region At Least One Account Yorkshire & Humber15 / 15 West Midlands14 / 14 East Midlands8 / 9 North East7 / 12 North West20 / 23 East of England11 /
YORK AND NORTH YORKSHIRE ECONOMIC ASSESSMENT ENGAGEMENT PAPER JANUARY 2010 Jonathan French York and North Yorkshire Partnership Unit.
Migration in Ireland: Trends and Economic Impacts Yvonne McCarthy.
Aiming Higher Renfrewshire 16 June 2016 Paul Zealey, Skills Planning Lead.
The labour market situation in Darlington and Durham County Carl Chapman B.Sc (Hons), MA, FCMI, CMgr.
Regional economic performance – Scotland, East of England and the South West.
Key findings from the Draft LEA
Dd/mm/yyyyy Ref/Title.
BUSINESS 13th May 2008.
Overview of North East Strategic Economic Plan (SEP) and labour market Victoria Sutherland, Senior Economist DurhamWorks LMI Event 20 September 2017.
EHOD Skills Plan – Evidence Base
Finding LMI 20th September 2017 The Work Place Graham McCabe
Director of Regional Economic Growth
ENQUIRY Q1: 4A.1 Economies can be classified in different ways and vary from place to place.
Overview of the Powys Economy
Presentation transcript:

Overview of the South West The South West Labour Market

2 KEY TRENDS – ECONOMIC ACTIVITY What are the key trends in economic activity?  High employment, a high number of jobs per working age resident and relatively self-contained  Over-representation of employment in certain sectors  Low levels of unemployment and long-term unemployment  Full-time earnings are below the national average

3 KEY TRENDS – EMPLOYMENT Working age employment rate, by region, 2003 & 2004 Source: ONS, NOMIS data service, 2006

4 KEY TRENDS – EMPLOYMENT Working age employment rate in the South West, 2003 & 2004 Source: ONS, NOMIS data service, 2006

5 KEY TRENDS – SECTORAL EMPLOYMENT Employment by industry, South West & England, 2004 Source: APS, ONS, NOMIS data service 2006.

6 KEY TRENDS – OCCUPATIONAL EMPLOYMENT Employment by occupation, South West & England, 2004 Source: APS, ONS, NOMIS data service 2006.

7 KEY TRENDS – UNEMPLOYMENT Trends in unemployment rates, South West & England Source: APS, ONS, NOMIS data service.

8 KEY TRENDS – OUTPUT & PRODUCTIVITY What are the key trends in output & productivity?  Low productivity and large divide between the north and the south/west of the region

9 KEY TRENDS – OUTPUT

10 KEY TRENDS – OUTPUT GVA at basic prices per head & indexed (UK=100), by region 2003

11 KEY TRENDS – PRODUCTIVITY GVA per hour worked, indexed (UK=100) by region, 1998 – East Midlands East of England London North East North West South East South West West Midlands Yorkshire & the Humber England

12 KEY TRENDS – ECONOMIC ACTIVITY What are the key trends in population & migration?  One of the smallest regions in population terms  Oldest age profile of all regions

13 BUSINESSES IN THE REGION What are the key trends in terms of business generation, enterprise & innovation?  High rate of business generation  Above average R&D expenditure but expenditure by HE is low

14 SMALL BUSINESSES IN THE REGION Enterprises in the South West, 2003

15 EMPLOYER VACANCIES What are the trends in employer vacancies?  High proportion of hard-to-fill vacancies  Lowest proportion of skills-related hard-to-fill vacancies and a low proportion of employers reporting skills gaps

16 TURNOVER & REDUNDANCIES Labour Turnover  High degree of labour market flexibility Redundancies  One of the lowest redundancy rates in the UK

17 SKILLS & LEARNING Participation  High staying on rates for young people  High adult participation in learning Qualifications  Highly qualified workforce

18 SKILLS FOR LIFE Skills for Life  Proportion of adults with literacy needs below the national average  Those with numeracy problems above the national average

19 SOUTH WEST LABOUR MARKET The Good News: A high degree of labour demand A well qualified workforce Efficient and equitable functioning between the demand and supply sides of the market. On these indicators, this region appears to be more “healthy” than any other region with the exception of the South East.

20 SOUTH WEST LABOUR MARKET The Bad News: A low-skills equilibrium Productivity is low, and lower than one would expect given the region’s highly qualified workforce Employers report few skills gaps within their workforces Markedly differing fortunes across the region. Low output per head, low earning levels and relatively high unemployment dominate the picture for the far west of the region