Available now - the latest Quarterly Labour Market Bulletin
Every quarter, Warwickshire County Council's Economy & Skills team publishes the Labour Market Bulletin to analyse the latest labour market fluctuations in the county.
The aim is to provide businesses, stakeholders and other interested parties with up-to-date employment, unemployment and job market trends. The second issue was published at the start of May and covers labour market data from the last three months of 2016.
The headline statistics show that employment and labour force participation in the county have fallen whilst the unemployment rate has risen. Despite these movements, long run trends show that Warwickshire is outperforming the rest of the West Midlands in many aspects of the labour market. For example, not only is a greater proportion of Warwickshire’s workforce in employment, those in employment are, on average, better-qualified and more productive.
The bulletin also considers the historically rigid labour market in Warwickshire which could provide an explanation for the recent fluctuations in (un)employment and the county’s strong labour productivity performance.
Annual data suggests Warwickshire is a driver of UK productivity and is set to surpass the national average by 2017. This optimistic outlook has undoubtedly been a catalyst for the strong job market demand and business headlines also discussed in the report.
The full Labour Market Bulletin can be viewed here. If you would like to be added to the distribution list to receive future editions straight into your inbox, please email firstname.lastname@example.org