Posts tagged with ‘regional’

Interest rates tied with unemployment rates

London-skylineIs the jobs crisis finally being tackled? Bank of England (BoE) governor Mark Carney has parachuted into his new job and hit the ground running. One of his first announcements at the beginning of August was that interest rates will remain at the all-time low level of 0.5% until unemployment drops from its current 7.8% to 7%. He reckons it.
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Area focus: South West pt. 2 – The state of play

Part 1 of this area focus touched on the healthy state of the South West region in comparison with the rest of the UK, as the South West currently has the least applications per job at 9.6 and the lowest unemployment rate. On top of this, Totaljobs barometer figures reveal monthly declines in the amount of people aged 16+ claiming jobseekers.
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Area focus: South West pt. 1 – The big stories

While economic growth across the UK remains stagnant, the South West region continues to set itself apart as one of the better areas and an example of where we need to be to clear austerity. The South West is consistently in the top three regions year-on-year for the healthiest application per job statistics, and the latest Totaljobs barometer stats for.
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Area focus: North West pt. 1 – The big stories

Like most of the regions in the UK, recessive dips in the North West have stabilised but growth remains anaemic. The jobs market in the North West is still highly competitive with applications per job once again exceeding the national average in quarter one of 2013, however, the region has gotten closer to the national average in April than it.
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Area Focus: East Midlands

With 1,700 people applying for just 8 jobs at Costa coffee’s latest shop in Nottingham, the statistics might suggest that the jobs market in the East Midlands is in turmoil. But in reality, the story is much the same in the East Midlands as it is for the rest of the UK, as an almost static economy renders any growth.
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Is it really grim up North?

While some regions in the UK were encouraged by unemployment figures rising by 50,000 in three months, there were wasn’t much optimism in the North, which continues to have the highest unemployment in the country. Trade union Unison’s general secretary, Dave Prentis, pointed out the bigger economic picture shows that any talk of growth is premature. In areas such as Yorkshire and Humberside,.
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