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
US Federal Reserve chair Janet Yellen pours cold water on the prospect of a second rise in interest rates any time soon.
Industrial output in the UK suffered its sharpest monthly drop in three years in December, official figures show.
A recent rise in oil prices is a "false dawn" and the oversupply of crude is set to worsen, according the International Energy Agency.
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
Findings from additional analyses based on the year ending March 2015 Crime Survey for England and Wales and crimes recorded by the police covering different aspects of violent crime.
Findings from additional analyses based on the self completion module in the year ending March 2015 Crime Survey for England and Wales covering different aspects of intimate personal violence and partner abuse.
Findings from analyses based on the Homicide Index recorded by the Home Office covering different aspects of homicide.
Findings from additional analyses based on the year ending March 2015 Crime Survey for England and Wales and crimes recorded by the police covering different aspects of crimes involving the use of weapons.