FOR the first time since early 2011, the North East can take some comfort from the latest set of estimates of unemployment - but many people are scratching their heads to figure out why.
Nationally, the unemployment rate at its highest level since the mid 90's. But here, the rate fell by 0.4% during the quarter, while the employment rate increased by 1.2%.
It is a noticeable difference in the last column of the figure shows the images here are generally more severe than in other parts of the country, and when the UK GDP is expected to fall by 0.2%.
In fact, the NECC quarterly economic survey showed the majority of private companies have increased the work for the last three quarters, though slowly.
And they also showed continued strong performance of manufacturers in the 4th quarter - particularly in the export - led us to question whether the North East fared better than other parts of the country at that time.
But before anyone gets too optimistic can magsenyas the beginning of a strong downward trend in unemployment life, it is important to note that some real concerns remain. The biggest reason for the increase in unemployment in the North East is a public sector cut. They may stop in the last quarter of 2011, but will start again when the fiscal year starting in April. To date, they exceed any increase in the private sector.
And our business is hoping to replace the jobs that fought for confidence in the face of global uncertainty continues.
If a business is going to fill that gap, the government should do what it does so in order to improve self-esteem, for example by getting serious about de-regulation.
East Chamber of Commerce and ask Chancellor to use the Budget next month to offer significant new tax breaks. Youth Contract was a positive step and I hope that members of the NECC many people will take advantage of incentives to take an internship. But there is scope to go further by reducing the rate of National Insurance for employers of young people.
Leadership in the North East as Semta work on skills in manufacturing, Darlington Foundation for Jobs and promote self-learning NECC Sunday applauded, but the government needs to inject more thrust.
However optimistic to see the latest figures, there are 143,000 people in our region of work and the challenge to address it remains large.
Nationally, the unemployment rate at its highest level since the mid 90's. But here, the rate fell by 0.4% during the quarter, while the employment rate increased by 1.2%.
It is a noticeable difference in the last column of the figure shows the images here are generally more severe than in other parts of the country, and when the UK GDP is expected to fall by 0.2%.
In fact, the NECC quarterly economic survey showed the majority of private companies have increased the work for the last three quarters, though slowly.
And they also showed continued strong performance of manufacturers in the 4th quarter - particularly in the export - led us to question whether the North East fared better than other parts of the country at that time.
But before anyone gets too optimistic can magsenyas the beginning of a strong downward trend in unemployment life, it is important to note that some real concerns remain. The biggest reason for the increase in unemployment in the North East is a public sector cut. They may stop in the last quarter of 2011, but will start again when the fiscal year starting in April. To date, they exceed any increase in the private sector.
And our business is hoping to replace the jobs that fought for confidence in the face of global uncertainty continues.
If a business is going to fill that gap, the government should do what it does so in order to improve self-esteem, for example by getting serious about de-regulation.
East Chamber of Commerce and ask Chancellor to use the Budget next month to offer significant new tax breaks. Youth Contract was a positive step and I hope that members of the NECC many people will take advantage of incentives to take an internship. But there is scope to go further by reducing the rate of National Insurance for employers of young people.
Leadership in the North East as Semta work on skills in manufacturing, Darlington Foundation for Jobs and promote self-learning NECC Sunday applauded, but the government needs to inject more thrust.
However optimistic to see the latest figures, there are 143,000 people in our region of work and the challenge to address it remains large.
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