Variations in Regional Economic Growth
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The Centre for Cities published statistical data which shows variations in economics activity across the UK.
The BBC report highlighted some of the findings. “Economic recovery will be “unevenly spread” across the country with some cities needing extra government help to create jobs, a study has suggested.
Research group Centre for Cities said places such as Hull, Doncaster and Northampton were now “bouncing back”. But Sunderland, Liverpool, Birkenhead, Swansea and Newport might not feel the full benefits for some time. Centre for Cities said areas more reliant on public sector jobs would have the most difficulties.
The data sets include, figures for the Claimant count Nov 2010, Employment rates Jul 2009-Jun 2010, estimates of Potential job losses in public sector by 2014/15, Residents with high level qualifications 2009, Business stock per 10,000 population 2009. The material could explain why some areas are less likely to receive inflows of private investment.
The report is here.
Bristol City Council highlighted some of the findings in a press release, perhaps in a bid to attract additional investment, although the City Council omits details of its policy impasse on public transport. “Tthe city has the sixth-lowest youth unemployment rate of the 64 biggest urban centres, while ranking eighth for hi-tech jobs and seventh for private-sector employment growth.
Some of the material could stimulate a debate over measures to promote economic growth in other cities, and other influences on private investment decisions.
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