LMI Bulletin 23/03/2018 (Issue 360)
Produced by the LMI Team at Education Development Trust
LMI Bulletin 23/03/2018 (Issue 360)
Job Gains and Losses
Two possible longer term opportunities - Peak Resources from Australia is discussing a Rare Earth Refinery on the Wilton site, creating 100 jobs. A new retail park could create 100 jobs at the former Kerry Food factory in Durham, now known as St Andrew’s Park (Chronicle Live)
High Street store New Look has announced it will be closing 60 stores and losing 1,000 jobs as part of a company voluntary agreement (CVA) to help restore the company to profitability. The stores identified for potential closure include: Gateshead Team Valley, Metro Centre – Mens, North Shields, Stockton on Tees, Thornaby and Wallsend.
NELEP Data Hub
The North East LEP has created a data hub with information on transport and the local economy. There are many indicators to look at including employment levels, employment rate, job related training plus business indicators and economic value in terms of GVA. NB as an occasional bus user I assumed that this was a growth activity, however the number of bus journeys per head is going down across the UK - apart from the South West which I am guessing is to with their even faster ageing population.
Tees Valley Quarterly Economic Review
Tees Valley CA has published its latest quarterly review. A mix of increasing employment and vacancies and concerns about increasing employment for men in low paid work.
Medical School at Sunderland University
Five new medical schools are to be created in England as part of the government's expansion of training places. The schools will open in Sunderland, Lancashire (not sure where, it is a big county), Lincoln, Canterbury and Chelmsford over the next three years. Sunderland’s new School of Medicine has been allocated 100 places. The first cohort of 50 medical students will join in 2019-20, rising to 100 the following year.
On a related subject. At the beginning of the year, the Department of Health was renamed Health and Social Care, Jeremy Hunt, the about to be (if he last two more months) longest serving health secretary since the NHS was created, this week gave a speech 'We need to do better on social care'. This contains some positive statements on the need to improve things for the social care workforce: My fourth principle is to respect and nurture the social care workforce. So it is time to do more to promote social care as a career of choice and to ensure there are better opportunities for progression into areas like nursing.
- care workers and home carers is the second highest occupational group in the region - 34,400 (the largest group is sales and retail assistants 48,200)
- the number of care workers in the North East has increased by 11% in the last 12 years
(ONS annual population survey - regional - employment by occupation)
The latest dates for the rollout of UC at the region's Jobcentres (JCP)
- North Tyneside Council - Killingworth JCP North Shields JCP Wallsend JCP
- South Tyneside Council - Jarrow JCP South Shields JCP
- Darlington Borough Council - Darlington JCP
- Durham County Council - Chester le Street JCP Durham JCP Newton Aycliffe JCP Spennymoor JCP
- Stockton Borough Council - Billingham JCP Stockton JCP Thornaby JCP
- Sunderland City Council - Houghton le Spring JCP Southwick JCP Sunderland JCP Washington JCP
- Middlesbrough Council - Middlesbrough JCP Middlesbrough East JCP
- Northumberland County Council - Ashington JCP Berwick JCP Cramlington JCP Morpeth JCP
- Redcar and Cleveland Council - Eston JCP Guisborough JCP Loftus JCP Redcar JCP
- Northumberland County Council - Alnwick JCP Bedlington JCP Blyth JCP Hexham JCP
ONS has updated its population estimates for England and Wales.
Since the turn of the century:
- in the NE region, the 65+ population experienced the largest growth rate (22%) and the 0-8 year olds the lowest - down by almost 41,000
- among the English regions, the North East had the lowest overall rate of population growth