Looking for real LMI?
Hello everyone, I’ve not blogged for a while as we’ve been preparing for our imminent Ofsted visit. However the release of the Labour Market Information figures yesterday prompted me to share my views. There have been many comments on the figures, however mine is that many of them are misleading and should be interpreted carefully.
For example, it is true that during the last three months the unemployment level has risen, but it has also declined since the previous month and is generally on a downward trend. It is also encouraging that the number of people claiming benefits has decreased, as has the number of unemployed young people.
I’m not saying that things are massively improving – it is still difficult to get a job with around five unemployed people per vacancy. However we must look forward to the growth industries in our area. Companies such as Jaguar Land Rover and Ocado investing will result not only in jobs but hopefully encourage more big names to invest. For more information about local developments visit your Local Enterprise Partnership’s website – for Coventry and Warwickshire this can be accessed at www.cwlep.com.










