Corporate Research The Coventry Economy Key Information Corporate Research January 2013 www.facts-about-coventry.com Contents Context • Demographics Updated (December 2012) • Deprivation in Coventry Current economic picture in Coventry • Production and growth – Gross Value Added Updated (December 2012) error corrected Productivity Updated (January 2013) • Disposable Household Income • Earnings of people in work Updated (January 2013) • Structure of the Coventry economy Updated (December 2012) • Number of businesses Updated (December 2012) error corrected • Enterprise – new business formation Updated (December 2012) • Coventry City Centre – footfall & void units Updated (January 2013) • Labour Market – Employment, Jobseekers Updated (January 2013), out-of-work benefits and Job Vacancies Updated (January 2013) • Skills • Public sector job losses - BBC research Click on an item to go directly to that content, alternatively scroll through the slides All data is current and up to date as of the end of January 2013 The next update of this information is due in July 2013 Demographics Coventry West Midlands Region England Period Population and Age 316,960 5,601,847 53,012,456 Total population 2011 34 39 ▼ 39 ▼ 2011 % aged 0 -15 19.8% 19.6% ▲ 18.9% ▲ 2011 % aged 16 - 64 (working age) 65.5% 63.5% ▲ 64.7% ▲ 2011 % aged 65+ 14.6% 16.9% ▼ 16.4% ▼ 2011 Number of births 4,801 73,023 Birth rate increase over five years 16% 6% ▲ 8% ▲ 2005-10 Fertility rate* (15-44) 68.6 68.4 ▲ 65.7 ▲ 2011 66.6% 79.2% ▼ 79.8% ▼ 2011 % Black and Minority Ethnic 33.4% 20.8% ▲ 20.2% ▲ 2011 ― % Other White 7.2% 3.6% ▲ 5.7% ▲ 2011 ― % Mixed 2.7% 2.4% ▲ 2.2% ▲ 2011 ― % Asian / Asian British** 16.3% 10.8% ▲ 7.7% ▲ 2011 ― % Black / Black British 5.5% 3.2% ▲ 3.4% ▲ 2011 ― % Other 1.6% 0.9% ▲ 1.0% ▲ 2011 Average age (all residents) Birth rates 688,120 2011 Ethnicity ― % White British Black and Minority Ethnic includes all ethnic groups except White British *General Fertility Rate = number of live births per 1,000 women aged 15–44 **The ethnic group categories have changed marginally for 2011 Census. In particular ‘Chinese’ is now categorised under ‘Asian / Asian British’ – previously it was in the ‘Other’ category. ▼ indicates Coventry rate lower than comparator ▲ indicates Coventry rate higher than comparator ● indicates Coventry rate no different to comparator Back to Contents page The next update of this information is due in 2013/2014 Deprivation in Coventry See map on Facts about Coventry See report on Facts about Coventry • Index of Multiple Deprivation 2010. This uses data from 2008 so measures deprivation just before the recession hit • Coventry became slightly more deprived between 2005 and 2008 relative to other local authorities • 50th most deprived local authority (56th in 2005) • Income and employment deprivation most stark in Coventry, no change in this type of deprivation • Deprivation pattern within Coventry is broadly the same. Familiar picture, concentrated in the North East • Canley in particular became relatively more deprived, as did Tile Hill North and Radford Stoke Aldermoor and North Holbrooks became less deprived, as did NDC area, modestly Source: Indices of Deprivation 2010, Department for Communities and Local Government Back to Contents page Gross Value Added • • • • • • • Gross Value Added (GVA) is a high level indicator of the general heath of the local economy. It measures the amount Coventry workplaces contribute to the UK economy Total GVA in Coventry for 2011 was estimated to be £5.84bn, slightly up from £5.78bn in 2010 and £5.62bn in 2009. This increase was assisted by population growth GVA per head is a measure that puts total output of an area in context according to its size. GVA per head in Coventry in 2011 was £18,281, 14% lower than the national average GVA per head in Coventry was static between 2010 and 2011 after seeing a £300 increase between 2009 and 2010. As was the case across the country, GVA per head fell between 2008 and 2009 In 1997 GVA per head was higher than the national average but has grown since then by only 31% compared to 66% nationally GVA per head is higher in Coventry than in areas considered appropriate to compare with (CIPFA statistical neighbours), see the charts below Source: Office for National Statistics Back to Contents page A error in the December 2012 edition has been corrected here. The average for Coventry Comparator Areas was underestimated for 1997 – 2011 The next update of this information is due December 2013 Gross Value Added per head £25,000 Gross Value Added per head 1997-2011 £21,349 England up 66% from 1997 £20,955 Warwickshire up 65% from 1997 £20,000 £18,281 Coventry Up 31% from 1997 £15,000 GVA per resident (£ per year) £15,652 Coventry Comparator Areas up 49% from 1997 £10,000 £5,000 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 £0 Source: Gross Value Added (Income Based) by sub region, ONS December 2012 Back to Contents page A error in the December 2012 edition has been corrected here. The average for Coventry Comparator Areas was underestimated for 2011 The next update of this information is due December 2013 Gross Value Added per head Coventry comparator areas: GVA per head 2011 Peterborough £24,146 Derby £23,194 England £21,349 Warwickshire £20,955 £18,281 Coventry Wakefield £16,996 Stoke-on-Trent £16,371 Hartlepool and Stockton-on-Tees £16,194 Bradford £15,956 £15,652 Comparator average Calderdale and Kirklees £15,355 Walsall £14,562 Dudley £14,075 Medway £13,946 £13,199 Greater Manchester North 0 5 000 10 000 Blue = Coventry CIPFA comparator areas (best fit) Source: Gross Value Added (Income Based) by sub region, ONS December 2012 15 000 20 000 25 000 30 000 GVA per resident (£ per annum) Back to Contents page Productivity • • • • • GVA per head puts the output of an area in context given its population size. However, it is not considered to be the best measure of the productivity of its businesses because it doesn't account for differing patters of commuting, differing working age populations and differing employment and unemployment rates between different areas Productivity at workplaces in a particular area is most accurately estimated using one of two different indicators; Gross Value Added per filled job and Gross Value Added per hour worked The data gives an indication that productivity at workplaces in Coventry was slightly lower than the UK average in 2004 and has been falling further behind the UK since 2004, up to 2009. In 2009 GVA per hour worked in Coventry was 9% lower than the UK average In 2004 productivity at Coventry workplaces was, on average, higher than in Birmingham and Warwickshire but fell to be lower than those areas in 2009 The industrial structure of Coventry's economy changed between 2004 and 2009, this may have contributed to the pattern of falling productivity relative to the UK Back to Contents page Productivity Productivity. Gross Value Added per hour worked. 110.0 Coventry compared to the UK & other areas in the West Midlands metropolitan county UK = 100 100.0 90.0 INDEX. Gross Value Added per hour worked in 80.0 relation to the UK average. UK = 100 Coventry Warwickshire Birmingham 70.0 60.0 50.0 2004 2005 2006 2007 2008 2009 Back to Contents page Disposable Household Income • Disposable income is the amount of money a household has available to spend or save after income is redistributed through measures such as taxes and benefits • The 2010 Gross Disposable Household Income (GDHI) per head for Coventry was £12,447, below that of Warwickshire (£16,628), the UK average (£15,727) and the average for all metropolitan areas (£13,317) • GDHI per head in Coventry has grown slower than that of both Warwickshire and UK, having seen a 24% increase between 2001 and 2010 compared to 31% and 33% respectively • Real household disposable income is gross disposable income adjusted for the effects of inflation • In 2010 Coventry individual residents have the same real household disposable income as in 2005, although they were worse off between 2006 and 2008 • Although individual residents have seen falls in RHDI levels, the city as a whole has seen an increase in total real disposable household income, helped by population increase Back to Contents page The next update of this information is due May - June 2013 Gross Disposable Household Income £16,628 Warwickshire up 31% from 2001 £18,000 Gross Disposable Household Income per head 1997-2010 £16,000 £14,000 £15,727 UK up 33% from 2001 £13,317 All metropolitan areas up 28% from 2001 £12,000 GDHI per resident (£ per year) £12,447 Coventry Up 24% from 2001 £10,000 £8,000 £6,000 £4,000 £2,000 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 £0 SOURCE: ONS April 2012 Source: Regional Gross Disposable Household Income 2010, Office for National Statistics Back to Contents page The next update of this information is due May - June 2013 Real Disposable Household Income 3.3% Growth in Real Households' Disposable Income 2.5% 3.5% 3.0% 2.5% Coventry per head 1.6% 0.9% 0.7% United Kingdom (Total) 0.1% 0.5% Coventry (Total) 0.3% 0.0% 1.0% 0.6% 0.9% 1.5% 0.3% 2.0% 1.2% 1.5% United Kingdom per head 2006 2007 2008 2009 Source: Regional Gross Disposable Household Income 2010 , Office for National Statistics -0.3% -0.8% -1.5% -1.2% -0.5% -0.6% -1.0% -0.4% -0.5% -0.3% 0.0% 2010 Back to Contents page Earnings of people in work • The average (median) annual wage in 2012 (before tax) of all people who work in Coventry is estimated to be £22,655; higher than the average for all Coventry residents, £21,300 • Those who work in Coventry, on average, earn 4% more than the England average of £21,794 • People who work in Coventry earn on average 6% more than Coventry residents; many people commute into Coventry to work • Starting from a lower base, the average annual growth in earnings between 2008 and 2012 for residents of Coventry (1.8%) has been higher than the average growth amongst those who work in Coventry (1.0%) and compared to the England average (0.7%) • Earnings growth in Coventry in 2011 was generally higher than the previous 2 years. In 2012 there was flat growth amongst Coventry residents and a small reduction in average earnings amongst those who work in Coventry Back to Contents page The next update of this information is due: 18th December 2013 Earnings of people in work £25,000 Average annual earnings of all in employment 2008 - 2012 People who live in Coventry England People who work in Coventry £20,000 £15,000 Median gross annual earnings (£s) £10,000 £5,000 £0 2008 2009 2010 2011 2012 source: Annual Survey of Hours and Earnings, ONS Back to Contents page Employment by industry • The largest broad sector of the Coventry economy is public administration, education and health which employs approximately 45,700 people in Coventry, about a third (33%) of all employment • Manufacturing has become an increasingly smaller part of the economy in recent years and in 2011 made up about 10% of employment, about 14,250 people • ‘Business services’ (banking, finance and insurance) has employed an increasing number of people in the city since 1998, increasing from 14% to 23% of all employment in 2008 (England 23%). Between 2008 and 2011 the number of people working in this sector in Coventry has fallen however • Between 2008 and 2011 the estimated number of employees at Coventry workplaces fell from about 142,600 to 138,800 with notable falls in business services, manufacturing and ‘other services’ jobs and a notable increase in public admin., education and health jobs • Between 2010 and 2011 the number of people working in the energy and water industry (categorised in ‘other’ in the charts below) increased notably. In this time most other sectors continued to lose jobs Back to Contents page The next update of this information is due: October 2013 Employment by industry – Coventry workplaces Energy and water Employment by industry 2011 Manufacturing Construction Distribution, hotels and restaurants Transport and comms. Coventry Banking, finance and insurance England Public admin., education and health Other Services 0% 10% Source: ONS business register and employment survey 2011, NOMIS 20% 30% 40% 50% Back to Contents page Employment by industry 160,000 Estimated no. of employees Coventry workplace employment by industry 1998-2008 140,000 Other Other Services 120,000 Public admin., education and health 100,000 80,000 Banking, finance and insurance 60,000 Transport and comms. 40,000 Distribution, hotels and restaurants Construction 20,000 Manufacturing 0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Back to Contents page Source: Annual Business Inquiry 1998-2008, NOMIS The next update of this information is due: October 2013 Employment by industry 160,000 Coventry workplace employment by industry 2008 - 2011 Other 140,000 Other Services 120,000 Public admin., education and health 100,000 Estimated no. of employees 80,000 Banking, finance and insurance 60,000 Transport and comms. 40,000 Distribution, hotels and restaurants 20,000 Construction Manufacturing 0 2008 2009 2010 2011 source: Business Register and Employment Survey, ONS This data must not be compared to the 1998-2008 data on the previous slide, they are from different sources Back to Contents page A error in the December 2012 edition has been corrected here. The number of business closures in 2010 was incorrectly quoted in the table as 1,295 The next update of this information is due: December 2013 Number of businesses • 8,665 Coventry businesses were active in 2011. • The number of business closures fell to 985 in 2011, from 1,070 in 2010. • The number of new businesses in Coventry was greater than the number of closures for the first time since 2008. Year Number of new business start ups in Coventry 2004 1,075 895 2005 1,170 780 2006 1,010 740 2007 1,160 915 2008 1,160 955 2009 855 1,095 2010 965 1,070 2011 1,125 985 Source: ONS Business Demography data 2011 Number of business closures in Coventry Back to Contents page New business formation • 1,125 new business registered in Coventry in 2011, an notable increase on 965 in 2010. The rate of business formation is still however slightly lower than it was in 2008. The rate is 44 per 10,000 adults compared to the England average of 54 • Due to the recession business formation levels are still 5% down nationally and 8% down amongst similar metropolitan areas on 2008 levels. This fall was experienced between 2008 and 2009 with some recovery since • Fall of 4% in business formation in Coventry since 2008 , similar to the national average; formation recovered between 2010 and 2011 Back to Contents page The next update of this information is due: December 2013 Business formation Number of business 'births' per 10,000 people aged 16+ 65.0 60.0 England 54.0 55.0 50.0 Coventry 44.3 45.0 40.0 35.0 All metropolitan authorities 39.9 30.0 25.0 2004 2005 2006 2007 2008 2009 2010 2011 source: Office for National Statistics Source: ONS Business Demography data 2011 Back to Contents page City Centre Footfall • 2012 Coventry City Centre footfall was down 2.9% compared to 2011, nationally footfall was down 3.2% on average 2006 UK Index -3.2% -2.9% -1.2% -2.5% -0.2% -2.0% -2.2% City Centre -5.3% -1.0% -0.6% -4.8% -0.2% 1.9% 2.2% 3% 2% 1% 0% -1% -2% -3% -4% -5% -6% -7% Footfall (year-on-year) 2007 2008 2009 2010 2011 2012 Including Upper Precinct, Lower Precinct, West Orchards, Market Way, Smithford Way, City Arcade, Hertford Street and Priory Place cameras (Spon Street not included from May 2011) Back to Contents page The next update of this information is due: April 2013 and July 2013 City Centre Void Units • • • • During quarter 3 of 2013 there was a significant increase in the number of empty shops, from 47 to 57 void units within the primary retail area, the greatest increase since the national recession first hit the city During quarter 4 there was a recovery however with a reduction of 9 from the previous quarter. There were 17 new stores opened over the past quarter (the most since Q4 2009) and 8 newly void units. In previous years there has typically been a fall in the number of empty shop between quarters 3 and 4 In q4 there were 4 more empty shops than there were at the same time last year. The shop vacancy rate in Coventry is 12.7% of ground floor units Back to Contents page Labour Market October 2011 – September 2012 data • There are an estimated 210,300 people of working age resident in Coventry (aged 16 – 64); about two thirds of the total population • About two thirds (65%) of working age residents of Coventry are in employment. Lower than the national average employment rate of 71% • The employment rate of 65% is down from 71% in 2007 before the recession; about 7,000 fewer in employment • About 136,500 people are in employment, 12,200 are unemployed and 61,600 people are economically inactive (e.g. long term sick, full time student, looking after family / home etc.) • The indications are that, after a deterioration during q3 2011, there has been a recovery during 2012 with increases in employment and decreases in unemployment. Economic inactivity remains relatively high in Coventry however, compared to the national average and to its level in recent years • Many of those claiming other out of work benefits (IB / ESA, lone parents on IS) are considered to be economically inactive Source: ONS Annual Population Survey October 2011 – September 2012 , NOMIS Back to Contents page The next updates of this information are due: 17th April 2013, 17th July 2013, 16th October 2013 Labour Market Source: Annual Population Survey, ONS - NOMIS January 2013 Economic status of Coventry's working age population October 2011 - September 2012 58.3% Employees Self employed 6.4% Jobseekers Allowance Other unemployed Coventry 6.9% Economically inactive 29% 2.0% Lone parent benefit * England 0.9% ESA / Incapacity benefit Includes nonemployed students Economically active 71% 4.9% 20.4% Others 0.0% 10.0% 20.0% *the main reason why the person is inactive and claiming benefits Percentages here don't always sum exactly to 100 due to small discrepencies in the estimates taken from the survey 30.0% 40.0% 50.0% 60.0% Percent of working age population Back to Contents page Unemployment • The official unemployment rate estimates the number of people who are out of work and have actively sought work in the last 4 weeks. It is measured using a survey, the Labour Force Survey • Using this definition, an estimated 12,200 Coventry residents are unemployed (Oct. 2011 – Sept. 2012 data); an unemployment rate of 8.2% of the economically active population compared to the England average of 8.1%. This rate should not be compared to the JSA rate • 9,400 claimants of Jobseeker’s Allowance (JSA) in December 2012, a reduction from 10,073 in December 2011 • The seasonally adjusted JSA claimant rate is 4.6% of the working age population (December 2012). The JSA claimant count peaked at 11,570, 5.6% in October 2009 • JSA rate in December 2012 (seasonally adjusted); 3.8% across UK, 4.5% across the West Midlands region and 2.2% in Warwickshire Back to Contents page Unemployment (JSA) - trends • There was a general downward trend in the seasonally adjusted JSA claimant count in Coventry between August 2011 and July 2012 • This downward trend continued during the second half of 2012. The claimant count is now almost 700 (7%) lower than it was at the same time last year • Regionally and nationally the claimant count has been falling more slowly during 2012 overall. The West Midlands is 5% down and the UK 3% down on the same time last year. Warwickshire is down by 9% on last year • The claimant rate in Coventry is at its lowest point since it peaked following the 2008 - 9 national recession • The gap between the UK and Coventry has narrowed since 2009-10; it increased during the recession when the Coventry claimant count increased by more than the national average. • 30,150 people claiming all out of work benefits, 14.4% of the working age population (q1 2012) (Metropolitan authorities average 15.9%, England average 11.9%) Back to Contents page The next updates of this information are due: 20th February 2013, 20th March 2013, 17th April 2013 Unemployment (JSA) trends 6.0 5.5 4.6% 5.0 4.5 4.5% 4.0 3.5 % of resident 3.0 working age population 2.5 2.0 1.5 3.8% Coventry W Midlands Region United Kingdom 2.2% Warwickshire 1.0 Banking crisis 0.5 JSA Count rates since 2007 seasonally adjusted 0.0 J FMAMJ J ASOND J FMAM J J A SOND J FMAMJ J ASOND J FMAM J J A SOND J FMAMJ J ASOND J FMAM J J A SOND 2007 2008 2009 Jan 2013: JSA rates from January 2011onwards have been adjusted as a result of a change in the working age population denominator. Mid 2011Census based population estimates have recently been published. 2010 2011 2012 Back to Contents page The next updates of this information are due: 20th February 2013, 20th March 2013, 17th April 2013 See map report on Facts about Coventry Unemployment - JSA JSA Claimant Count 12,500 12,000 11,500 11,000 10,500 10,000 9,500 9,000 8,500 8,000 7,500 7,000 6,500 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 COVENTRY JSA COUNT Seasonally Adjusted J FMAMJ J ASOND J FMAMJ J ASOND J FMAMJ J ASOND J FMAMJ J ASOND J FMAMJ J ASOND J FMAMJ J ASOND 2007 2008 Source: Jobseeker’s Allowance claimant count, ONS, NOMIS 2009 2010 2011 2012 Back to Contents page The next updates of this information are due: 20th February 2013, 14th August 2013 See report on Facts about Coventry Total out-of-work benefits claimants 2005 2006 2007 Source: DWP Work and Pensions longitudinal study, NOMIS 2008 2.0 6.9 5.0 14.5 14.4 2.1 6.9 4.9 14.5 2.1 7.0 4.9 14.5 2.2 7.0 4.7 14.6 2.3 7.0 4.7 14.9 2.4 7.1 4.9 15.2 15.4 15.5 15.4 15.1 2.6 7.1 14.6 2.6 2.4 F 7.1 N 5.1 A N 2.5 M A 7.1 F M 5.2 F 2.5 N 7.1 A 5.3 M 2.5 F 7.1 N - 4 quarter average 5.2 A 4.8 M 7.1 F 4.3 14.1 2.6 7.1 3.8 13.6 2.6 7.1 3.4 13.5 2.7 7.2 3.2 13.6 2.7 7.2 3.3 13.7 2.7 7.2 3.4 13.9 2.7 7.3 3.5 14.1 2.7 7.3 3.6 14.2 2.7 7.4 3.6 14.2 2.7 7.4 3.6 14.1 2.7 7.5 3.4 14.1 2.7 7.6 3.3 14.1 2.7 7.7 3.2 14.1 2.7 7.9 3.1 14.1 2.8 8.0 2.9 14.1 2.8 8.1 2.8 14.2 2.8 8.2 2.7 14.2 8.2 2.7 18 17 16 15 14 13 Rates - % of 12 working age 11 population 10 9 8 7 6 5 4 3 2 1 0 2.8 COVENTRY: People on out of work benefits Total Other Lone Parents Incapacity Benefits / ESA JSA M A 2009 N F M A 2010 N F M A 2011 N F 2012 Back to Contents page Job Vacancies • 3,133 vacancies in Coventry reported to Jobcentre Plus during November 2012. This represents only a proportion of all job vacancies • The number of notified vacancies during August to November, a period when the JSA claimant count was falling, were notably up on the level of vacancies reported up to then during 2012 • During all of 2012 up to November, the monthly average number of reported vacancies in Coventry were up by 25% on 2011 levels. In Warwickshire they were up by over 50% • In November 2012 there were 3 Jobseeker’s Allowance claimants chasing every reported vacancy in Coventry, a similar ratio to the regional and national average. In Warwickshire there is just over 1 job seeker per vacancy • In November 2012 the ratio between job seekers and job vacancies was slightly lower than it was at the same time last year, principally because there are fewer Coventry residents claiming Jobseeker’s Allowance Back to Contents page This data will not be updated in the future Job Vacancies 4,000 COVENTRY Vacancies reported to Jobcentre Plus 3,500 3,000 2,500 2,000 1,500 1,000 500 0 J FMAM J J ASOND J FMAM J J ASOND J FMAM J J ASOND J FMAMJ J ASOND J FMAMJ J ASOND J FMAMJ J ASON 2007 2008 2009 Source: Jobcentre Plus vacancies, Department for Work and Pensions, NOMIS 2010 2011 2012 Back to Contents page The labour market mismatch • On average there were 3.0 people on JSA per Jobcentre Plus vacancy in November 2012 • In addition there are currently about 2,000 – 3,000 Coventry residents looking for work who are not on JSA benefits • Jobseekers looking for work in professional roles appear to face less competition with only about 2 claimants looking for such work per vacancy • Higher skills are generally better balanced but many start own business, many do not need to sign on. On the other hand, many vacancies for professional roles are not advertised at Jobcentre Plus • The biggest mismatches is found in sales & customer service occupations and elementary occupations. There were 6 jobseekers per reported vacancy for this type of work • There is also an imbalance in the market for administrative & secretarial occupations; an average of 5 jobseekers looking for work in these fields per reported vacancy Back to Contents page This data will not be updated in the future The labour market mismatch Occupational group Number of JSA claimants by sought occupational group November 2012 Number of reported job vacancies by occupational group November 2012 JSA claimants per JCP vacant job Managers and Senior Officials 185 86 2 Professional Occupations 190 113 2 Associate Professional and Technical Occupations 475 313 2 Administrative and Secretarial Occupations 690 141 5 Skilled Trades Occupations 640 244 3 Personal Service Occupations 575 601 1 2,660 477 6 690 645 1 3,050 513 6 Sales and Customer Service occupations Process, Plant and Machine Operatives Elementary Occupations Back to Contents page Skills • It is estimated that 27% of working age residents of Coventry have higher level qualifications, those equivalent to or higher than a degree. Lower than the national average, similar to the regional average and higher than the West Midlands city region average • 17% have no qualifications, higher than the national average Back to Contents page The next update of this information is due: 17th April 2013 See report on Facts about Coventry Skills Qualification levels 2011 100% 90% 27% 24% 26% 19% 20% 80% % of working 70% age population 60% by qualification level 50% 20% 20% 16% 18% NVQ4 40% NVQ3 30% 14% 14% 20% 7% 9% NVQ2 NVQ1 Other 10% None 0% 33% 18% 17% 14% 8% 13% 7% 17% 16% 14% 10% Coventry Rest of City region* West Midlands Region England *Birmingham, Dudley, Sandwell, Solihull, Telford & Wrekin, Walsall & Wolverhampton Source: ONS Annual Population Survey Jan 2011 – Dec 2011, NOMIS Back to Contents page www.bbc.co.uk/coventryatwork Public Sector Job Losses in Coventry 1,500 1,200 Posts cut from establishments 900 600 300 0 Oct-Dec 10 Jan-Mar 11 Apr-Jun 11 Jul-Sep 11 OctDec11* TOTAL Quangos 340 134 28 101 40 643 Local authorities / services 15 235 145 210 82 687 0 0 27 0 - 27 355 369 200 311 122 1,357 Universities total *Incomplete data for quarter 4 2011, awaiting results from some organisations. 122 posts cut is therefore a minimum for Q4 2011. Data source: BBC & Coventry City Council research. www.bbc.co.uk/coventryatwork Back to Contents page www.bbc.co.uk/coventryatwork Is the private sector absorbing public sector job losses? • The total public sector job cuts in Coventry captured in this research in the quarter July to September 2011 was 311 • In the quarter October – December 2011 there were at least 122 job cuts although not all organisations provided data for this quarter • All together from October 2010 to December 2011 there were 1,357 jobs cuts reported. About half the cuts have been in local public service providers and half in national ‘quango’ organisations with a small number reported from Universities. • It should be noted that the organisations supplying data in response to press enquiries has varied from quarter to quarter therefore the number of jobs cut may be under-reported • There has been limited in-sourcing or out-sourcing of services, and no evidence of wholesale transfer of jobs to the private sector through contracting • At the moment it is not possible to say whether or not the private sector is absorbing jobs lost to the public sector Back to Contents page www.bbc.co.uk/coventryatwork Corporate Research www.facts-about-coventry.com Back to Contents page