Briefings and Blog

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We are all in this together

We are all in this together – or are we?  The traditional economist view is, of course, yes: we are all part of one big economy, we all have a role to play and the actions of one economic agent will impact on another.  I recall my very first...

All Aboard..

With this months figures showing the employment train is leaving ‘Recession Station’ the immediate question has to be where is it going?  Nationally the rate of unemployment has fallen and the number in employment has risen.  For Devon the number of...

Chief Economist’s Blog – How strong is Devon’s economy?

This really depends on how you define strong.  There are a number of indicators where Devon performs well and a number of others where the county performs less well. Unemployment for example is and has been for some time, lower than the national...

Welcome to the new Devon County Council Economy Blog

This blog will be keeping you regularly updated with key information that has an effect on the Devon economy. Rob Hetherington, Devon County Council’s Chief Economist will be sharing his views on the economy.

Briefings

Job Seekers Allowance Analysis - July 2011

Since 2007 Devon County Council has monitored the number of people claiming Job Seekers Allowance (JSA) on a monthly basis to provide a barometer of business activity and current labour market conditions. As national policies surrounding changes to welfare benefits filter through, it is debatable whether JSA will continue to provide a good measure as to what is happening in the labour market. This month’s analysis examines this further as well as provides details on the latest JSA figures in Devon for June.

Job Seekers Allowance Analysis - June 2011

The number of people claiming Job Seekers Allowance (JSA) in May continues to fall which is particularly encouraging. This sees the claimant count fall from 9,451 in April to 8,999 in May, representing a decrease of just over 5% month on month, with rates falling steadily since they peaked in February.  The percentage of the working age population who are in receipt of this out of work benefit also dropped from 2.1% in April to 2.0% in May. This follows the trend seen nationally (UK), although rates are falling somewhat faster in Devon. In comparison with our neighbours, the rate of JSA claimants in Devon has remained below all areas and the national average for the last twelve months.