Page 134 - Minutes of meeting
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The Labour Market Challenge

    Economic Activity



   Of Barrow’s 28,400 economically active residents, 21,000 (74%) are located in the Town Deal area. Labour market participation
   in the Town Deal area is significantly lower than comparator geographies, despite the presence of strong economic opportunities.


   ▪     Economic activity and employment rates are c.13 percentage points low than the national average in Barrow



   ▪ Unemployment rates are above average, at 6.2%                                  Labour market participation, 2019
        compared to 4% in England. Moreover, The DWP
        ‘Alternative Claimant Count’ identifies 1,276                                                             BTD Area                    Barrow              Cumbria         England
        claimants in Barrow in November 2019, taking into
        account change to unemployment benefit and the                                                          No.           %           No.            %             %              %
        roll-out of Universal Credit. With a youth claimant                           Economic

        rate of 5.5% in 2018 relative to 3.5% in Cumbria,                             Activity Rate           21,000       66.2%        28,400        71.4%         81.2%          79.1%
        youth unemployment is a concern in Barrow*.                                   (16-64)

   ▪ The proportion of 18-24 year olds in full time                                   Employment              19,700        62%         27,100        68.1%         79.4%          75.9%

        education in Barrow is half that of the national                              Rate (16-64)
        figure, illustrative of below average participation in
        higher education.                                                             Unemployment             1,300        6.2%         1,300         4.6%          2.2%            4%
                                                                                      Rate

   ▪ The number of jobs in Barrow per resident aged
        16-64 is 0.8, which is lower than both Cumbria’s                              18-24 Year Olds
        (0.93) and England’s (0.87) job density. Thus,                                in Full Time             1,300       18.6%         1,300        16.2%         24.1%          32.6%
        whilst there is a healthy level of labour demand in                           Education

        Barrow, there is still scope for improvement.
                                                                                      Job Density                 -            -        33,000          0.8          0.93           0.87

                                                                                                                     * Total jobs includes employees, self-
   Source: Annual Population Survey, 2019; ONS Job Density, 2018; DWP Alternative Claimant Count (November 2019);    employed, government supported
   *People, Employment & Skills Strategy Group: Evidence Base, CLEP, 2019                                            trainees and HM Forces
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