During February 2012, the number of people unemployed and claiming benefits in Lincolnshire increased by 358 people (2%) on the previous month. In total, 16,390 people in Lincolnshire were claiming unemployment benefit during January (11% more than at the same time last year). Lincolnshire’s overall unemployment rate has increased 0.1% to 3.8%, but remains below regional and national rates of 4.0% and 4.1% respectively, both of which also increased by 0.1%.
Job announcements this month include:
- Work has started on a new Lincoln hotel which will create 50 jobs
- A fast food outlet and a new pub are being built in Gainsborough, creating 115 jobs between them
- A Lincolnshire-based charity that provides further education for learning disabled students has announced it will cut up to 350 jobs
- 40 jobs were lost from a Skegness based company when it ceased trading at the beginning of the month
- A new bar in Lincoln will create up to 12 jobs
From BBC News
The US economy grew much faster in the third quarter than first reported, official figures have shown.
Optimism among companies in the UK services sector is at its lowest for 21 months, according to a survey by the CBI.
The eurozone may be stuck in an enduring period of no growth, the Organisation for Economic Co-operation and Development says.
This briefing provides an up to date national, regional and local overview of how businesses are faring.
Part of the Drivers for Change series. The economic assessment for Lincolnshire aims to provide a clear understanding of the county’s economy – including the current position and how it may change in the future.
Key national indicators
Quarterly change in Gross Domestic Product more >>
Quarterly change in services output more >>
Monthly change in manufacturing output more >>
Monthly average exchange rate (£) more >>
Office for National Statistics
Covers the proportion who smoke cigarettes, cigarette consumption and type of cigarette smoked (packeted or hand-rolled). Includes preliminary findings from analysis of e-cigarette data.
Trends and demographic breakdowns are provided.
Indicators of UK government fiscal performance: Public Sector Current Budget Deficit (PSCB), Net Borrowing (PSNB), Net Debt (PSND) and PSND as a percentage of GDP.
Estimates of expenditure and employment relating to R&D performed in the UK businesses in 2013, irrespective of the residence of the ultimate owner or user of the R&D produced are provided in this release.
The National Balance Sheet is a measure of the wealth of the UK