Unemployment in the North East has fallen significantly over the last year, latest figures reveal.
The Labour Market Statistics, released yesterday by the Office for National Statistics, reveal that unemployment in the region stands at 75,000 or 5.8 per cent – a fall of 3,000 over the quarter and 13,000 over the year. This compares to a rate of 4.3 per cent nationally.
Meanwhile, employment in the North East stands at 1,21million or 72.2 per cent, representing a drop of 8,000 over the quarter, but an increase of 10,000 over the year. This compares to a rate of 75.1 per cent nationally.
The claimant count stands at 54,000 or 4.4 per cent in the North East. The national claimant count rate is 2.3 per cent.
Nationally, unemployment stands at 4.3 per cent, the lowest it has been since 1975, while 32.10million people are in work, which is 317,000 more than last year.
Paul Carbert, policy adviser, North East England Chamber of Commerce, said that the figures show a positive long-term trend, with unemployment down over the past year, but the Chamber is calling on the Chancellor to ensure schools and colleges have sufficient resources to deliver a careers programme.