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

Jobseekers Allowance Analysis - December 2010

For the second consecutive month the number of people claiming Job Seekers Allowance (JSA) in Devon, has risen from 8,215 in October to 8,660 in November representing a 5.4% increase (445 claimants). This is substantially higher than the 0.3% increase last month which equated to an increase of just 27 claimants. This sees the rate of the working age population who are claiming JSA increasing from 1.8 in October to 1.9% in November.

November Economic Briefing

For the first time in seven months the number of people claiming Job Seekers Allowance (JSA) in Devon,
has risen from 8,188 in September to 8,215 in October representing a 0.3% increase (27 claimants). Even though this is only a slight increase this is bucking the trend seen both regionally and nationally, where JSA claimant count has continued to fall in October by 1.0% and 1.6% respectively. However, on a more positive note when compared to the same period last year there has been a substantial decrease in the number of people across Devon claiming JSA, from 9,645 claimants in October 2009 to 8,215 in October 2010, equating to an approximate 15% decrease year on year, which is higher than the percentage decrease of 10.5% seen nationally.

October Monthly Economic Update

October was perhaps one of the most widely anticipated months in the economic calendar. The much heralded Comprehensive Spending Review was unveiled, just before the quarterly economic output figures. It was the latter that was the biggest surprise. Against the expectations of most economists, the economy grew by a respectable 0.8% last quarter. By contrast the CSR delivered the anticipated 25% cuts in public spending aimed at rebalancing the fiscal deficit.

Jobseekers Allowance - Claimant Count Data September 2010

This Excel Spreadsheet details the latest JSA Claimant Count data for Devon and Districts. It also includes JSA data for Plymouth, Torbay, Cornwall, Somerset, the South West and the UK.