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Economy Dashboard: February 2012 Data

February 2012 claimant rates by ward more >>

Map showing claimants

 Claimant ratesHighest Ward rate in district% change in unemployment since February 2011
 February 11February 12WardRateWardChange
England and Wales3.7%4.1%    
East Midlands3.5%4.0%    
Lincolnshire3.4%3.8%    
 
Boston3.8%4.2%Fenside8.2%Pilgrim1.2%
East Lindsey3.9%4.3%Scarbrough11.3%Trinity2.7%
Lincoln4.9%5.5%Abbey9.1%Abbey1.6%
North Kesteven2.1%2.4%Sleaford Westholme6.1%Sleaford Westholme2.0%
South Holland3.2%3.4%Spalding St Paul's5.6%Sutton Bridge0.9%
South Kesteven2.6%2.9%Earlesfield7.4%Morkery1.8%
West Lindsey3.4%4.1%Gainsborough SW12.7%Gainsborough SW2.0%
indicators

Unemployment rate more >>

Chart showing unemployment.

Number of jobseeker claimants per vacancy more >>

Chart showing number of jobseeker claimants to job vacancies

Vacancies notified to JobCentre Plus (rate per 100 persons aged 16+) more >>

Chart showing vacancies notified to JobCentre Plus (rate per 100 persons aged 16+)

Average house prices (£ thousands)

Chart showing average house prices

Repossession claims per 1,000 population

Chart showing repossessions

Local headlines

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

Pound falls after dip in inflation

The pound falls after lower fuel prices lead to a lower-than-expected inflation rate of 2.4% for April.

Scotland 'can afford independence'

Scotland can "more than afford" to be a successful independent country, its first minister says as he launches a paper outlining the nation's economic strength.

China 'can't be free rider on trade'

China cannot be a "free rider" when it comes to global trade, the EU's trade commissioner, Karel De Gucht, warns.

Useful links

Lincolnshire Economic and Business Briefing

This briefing provides an up to date national, regional and local overview of how businesses are faring.

Lincolnshire – A Local Economic Assessment 2011

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 >>

Chart showing change in gross domestic product

Quarterly change in services output more >>

Chart showing change in services output

Monthly change in manufacturing output more >>

Chart showing change in manufacturing output

Monthly average exchange rate (£) more >>

Chart showing exchange rate of pound agains dollar and euro

Office for National Statistics

House Price Index, March 2013

The Office for National Statistics (ONS) House Price Index, previously published by the Department for Communities and Local Government (DCLG) is a monthly release that publishes figures for mix-adjusted average house prices and house price indices for the UK and its component countries and regions. All tables transferred from the DCLG to ONS can be accessed via the reference tables that are available in the data section of this release.

Producer Price Inflation, April 2013

A comprehensive selection of data on input and output index series. Contains producer price indices of materials and fuels purchased and output of manufacturing industry by broad sector.

Consumer Price Inflation, April 2013

Monthly CPI and RPI inflation indicators

2011 Census latest findings

Today the Office for National Statistics (ONS) publishes new findings from the 2011 Census, which expand on previously published statistics. These give users the opportunity to glean richer, more ‘three-dimensional’ insights into detailed characteristics of the population. The tables provide details down to local authority and regional level in England and Wales. They offer more informative characteristics relating to: unpaid care, health, migration, ethnic group, national identity, religion and language.