Buckinghamshire's economy, February 2017

The number of out of work Buckinghamshire residents claiming either Job Seekers’ Allowance or Universal Credit rose by 195 in January to reach 2,820, the highest total since March 2015.

In addition:

  • The county’s claimant count rate rose to 0.9 per cent of working age residents in January, now ranking 6th lowest rate among county councils and the 4th lowest among LEPs.
  • While the claimant count rose by just 0.1 per cent across Great Britain over the last year, Buckinghamshire saw a rise of 12.8 per cent.
  • Aylesbury Vale’s 23.9 per cent rise was the 18th highest of all 380 local authority districts in Great Britain. All five Parliamentary constituencies also recorded a rise over the last year, ranging from a 32.1 per cent increase in Buckingham to 2.2 per cent Wycombe.
  • Rural parts of the country saw the number of claimants rise 21.5 per cent over the year, compared to 10.0 per cent in urban parts, although the rural claimant count rate remains well below the urban rate.
  • There were 5,990 advertised job openings in Buckinghamshire in January, 1,697 (39.5 per cent) more than in December and 577 (10.7 per cent) more than in the previous January.
  • More than 60 per cent of Buckinghamshire’s Job Seekers’ Allowance claimants are looking for work in sales occupations, predominantly as retail assistants, while programmers and software development professionals are the most sought by employers.

Read our comprehensive overview of Buckinghamshire's claimant count and job openings here >

UK labour market overview

Read our overview of the latest ONS labour market data >

The ONS’s overview of today’s national labour market data can be found here >

Other data analysed:

Other data analysed this month suggests Buckinghamshire's exports were worth £3.5bn in 2014. While the value of service exports per job in Buckinghamshire was the 5th highest among the 38 LEPs, this fell to 35th for goods exports. The methodology was based on Centre for Cities’ work from their Cities Outlook 2017: http://www.centreforcities.org/wp-content/uploads/2017/01/Cities-Outlook-2017-Web.pdf

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