The Coventry Economy

Download Report

Transcript The Coventry Economy

Insight
The Coventry Economy
Key Information
Insight
August 2014
www.facts-about-coventry.com
Contents
Context
• Demographics
• Deprivation in Coventry
Current economic picture in Coventry
• Production and growth – Gross Value Added
• Productivity
• Disposable Household Income
• Earnings of people in work
• Structure of the Coventry economy – employment by industry
• Number of businesses
• Enterprise – new business formation, business closures
• Coventry City Centre – footfall & empty shops
• Labour Market – Employment & unemployment, Jobseekers Updated (August 2014),
out-of-work benefits Updated (August 2014)
• Qualifications
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 August 2014
The next update of this information is due in July 2015
Demographics
Coventry
West Midlands
Region
England
Period
Population and Age
329,800
5,642,600
53,493,700
Total population
2013
34
40
▼
40
▼
2013
% aged 0 -15
19.8%
19.5%
.
19.0%
▲
2013
% aged 16 - 64 (working age)
65.6%
62.7 %
▲
63.8%
▲
2013
% aged 65+
14.6%
17.7%
▼
17.3%
▼
2013
Number of births
4,495
71,188
Fertility rate* (15-44)
61.8
64.9
▼
62.4
.
2013
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
664,517
2013
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 summer 2015. No date set
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
Increases in total Coventry GVA and GVA per head between 2011 and 2012
indicates a local recovery over that period
Total GVA in Coventry for 2012 was estimated to be £6.13bn, a notable
increase from £5.75bn in 2011, £5.80bn in 2010 and £5.50bn in 2009.
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 2012 was £18,978, 13%
lower than the national average. GVA per head in Coventry is higher than it
was at its recessionary low in 2009; after a fall between 2008 and 2009 it has
fluctuated up and down since then
Between 2008 and 2012 GVA per head in Coventry has grown modestly by
3% in total, similar to the national growth over that period
GVA per head had been flat for some pre recession years. In 2012 it was at
about the same level as it was in 2005
In 1997 GVA per head was higher than the national average but has grown
since then by only 34% compared to 68% nationally
GVA per head is higher in Coventry than in areas considered appropriate to
compare with (CIPFA statistical neighbours), see the charts below. Long
term growth in these areas has been a little faster however, closing the gap
Source: Office for National Statistics
Back to Contents page
The next update of this information is due December 2014
Gross Value Added per head
£25,000
£21,937 England
up 68% from 1997
Gross Value Added per head
1997-2012
£21,324 Warwickshire
up 57% from 1997
£20,000
£18,978 Coventry
Up 34% from 1997
£15,000
£15,652
Coventry's
comparator areas
up 54% from 1997
GVA per
resident
(£ per year)
£10,000
£5,000
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
£0
SOURCE: ONS December 2013
Source: Gross Value Added (Income Based) by NUTS3 areas, ONS December 2013
Back to Contents page
The next update of this information is due December 2014
Gross Value Added per head
Coventry comparator areas:
GVA per head 2012
Derby
£24,039
Peterborough
£22,690
England
£21,937
Warwickshire
£21,324
Coventry
£18,978
Wakefield
£18,304
Stoke-on-Trent
£17,176
Hartlepool and Stockton-on-Tees
£16,022
Comparator average
£15,873
Bradford
£15,705
Calderdale and Kirklees
£15,700
Medway
£14,356
Walsall
£13,310
Greater Manchester North
£13,288
Dudley
£12,608
0
Blue = Coventry CIPFA comparator areas (best fit)
5 000
10 000
15 000
20 000
25 000
30 000
GVA per resident (£ per annum)
SOURCE: ONS December 2013
Source: Gross Value Added (Income Based) by NUTS3 areas, ONS December 2013
Back to Contents page
Productivity
•
•
•
•
•
•
•
Gross Value Added (GVA) per head puts the output of an area in context
given its population size. It is not considered to be the best measure of the
productivity of its businesses because it doesn't account for differing patterns
of commuting, and differing employment and unemployment rates between
different areas
Productivity at workplaces in a particular area is most accurately estimated
using different indicators; GVA per filled job and GVA per hour worked
The data gives an indication that productivity at workplaces in Coventry was
slightly higher than the UK average in 2004 but has been falling progressively
further behind the UK since 2004, up to 2011.
Much of this fall occurred up to 2008, before the national economic downturn.
There has been a stabilisation in Coventry's productivity relative to the UK
between 2011 and 2012
In 2012 GVA per hour worked in Coventry was 12.5% lower than the UK
average
In 2004 productivity at Coventry workplaces was notably higher than in
Birmingham and Warwickshire but has fallen to be lower than those areas
The industrial structure of Coventry's economy has changed since 2004; this
may have contributed to the pattern of falling productivity relative to the UK
Back to Contents page
Productivity
Gross Value Added per hour worked.
Coventry compared to the UK & other local areas
110.0
UK = 100
100.0
90.0
INDEX. Gross Value
Added per hour
worked in
relation to
the UK average. 80.0
UK = 100
Coventry
Warwickshire
West Midlands county
70.0
60.0
50.0
2004
2005
2006
2007
2008
2009
2010
2011
2012
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
• Put broadly, it is the amount of money available to domestic
households – it totaled £4.3bn across all Coventry households in
2012 compared to a total GVA of £6.1bn
• The 2012 Gross Disposable Household Income (GDHI) per head for
Coventry was £13,374, below that of Warwickshire (£17,782), the
UK average (£16,791) and the average for all metropolitan districts
(£14,120). Between 2011 and 2012 Coventry growth was 1.8%,
lower than the national average of 3.3%
Back to Contents page
Disposable Household Income
• Over the last decade GDHI per head in Coventry has grown slower
than it has in Warwickshire and the UK overall, having seen a 32%
increase between 2001 and 2012 compared to 40% and 41%
respectively
• Between 2008 and 2012 Coventry GDHI per head grew by 12%,
similar to the Warwickshire growth rate and national average growth
• Annual growth rates in Coventry’s household income per head have
slowed since 2010
• Real household disposable income (RDHI) is gross disposable
income adjusted for the effects of inflation. In 2010 Coventry
residents had the same average real household disposable income
as in 2005, although they were worse off between 2006 and 2008
Back to Contents page
The next update of this information is due June 2015
Gross Disposable Household Income
£17,782
Warwickshire up
40% from 2001
£20,000
Gross Disposable Household
Income per head
1997-2012
£18,000
£16,000
£16,791 UK
up 41% from 2001
£14,120 All
metropolitan
districts* up 36%
from 2001
£14,000
£13,374 Coventry
Up 32% from 2001
£12,000
GDHI per
resident
(£ per year)
£10,000
£8,000
£6,000
£4,000
£2,000
SOURCE: ONS June 2014
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
£0
*The local authorities within the ex Metropolitan Council areas of West Midlands, Greater Manchester, Merseyside, Tyneside, South
Yorkshire and West Yorksihre
Source: Regional Gross Disposable Household Income 2012, Office for National Statistics
Back to Contents page
The next update of this information is due: date unknown
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 2013 (before tax) of all people
who work in Coventry was estimated to be £24,800, 15% higher than
the average for all Coventry residents - £21,500
• These groups overlap of course but many people commute into
Coventry to work. Net commuting to Coventry increased between
2012 and 2013
• Those who work in Coventry, on average, earn an estimated 11%
more than the England average of £22,200
• Starting from a lower base, the average annual growth in earnings
between 2008 and 2012 for residents of Coventry was higher than the
average growth amongst those who work in Coventry and higher than
the England average.
• The significant increase in the average earnings of Coventry workers
between 2012 and 2013 (estimated around 9%) now means the
average workplace wage growth has outstripped the average
amongst residents
• This analysis does not account for the effect of inflation on the
spending power of earnings. In general prices have been rising faster
than earnings in recent years
Back to Contents page
The next update of this information is due: December 2014
Earnings of people in work
£25,000
Average annual earnings of all in employment 2008 - 2013
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
source: Annual Survey of Hours and Earnings, ONS
2009
2010
2011
2012
2013
Back to Contents page
Employment by industry
• The largest broad sector of the Coventry economy is public
administration, education and health which employs approximately
48,500 people in Coventry, about a third of all employment.
• Employment in this sector increased between 2011 and 2012
particularly due to employment growth in secondary education, higher
education, ‘general public administration’ and hospital activities
• In recent years manufacturing has seen a slow decline after significant
reductions in manufacturing employment experienced in the 1990s
and 2000s before the recession. In 2012 manufacturing made up
about 10% of employment in the city (England 8%), down from around
25% in 1999.
• However 2012 appears to have stemmed the decline with around 200
more manufacturing jobs than in 2011 – particularly a result of growth
in the automotive sector
Back to Contents page
Employment by industry
• The banking, finance and insurance sector grew significantly between
1998 and 2008, employing an increasing number of people in
Coventry. This sector continued to grow between 2009 and 2012,
more slowly than previously. It makes up 20% of all employment at
Coventry workplaces compared to an England average of 22%
• The construction industry employed around 3,000 people in Coventry
in 2012 making up 2% of all employment compared to 4.5% across
England on average. Employment has fallen in this industry in recent
years particularly due to losses in specialist construction activities like
joinery and electrical installation
Back to Contents page
The next update of this information is due: October 2014
Employment by industry
– Coventry workplaces
Employment by industry 2012
Energy and water
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 2012, NOMIS
20%
30%
40%
50%
Back to Contents page
The next update of this information is due: October 2014
Employment by industry
Coventry workplace employment by industry 2009 - 2012
160,000
Other
140,000
Other Services
120,000
Public admin.,
education and
health
100,000
Estimated no.
in employment 80,000
Banking, finance
and insurance
(employees and
working proprietors)
60,000
Transport and
comms.
40,000
Distribution, hotels
and restaurants
20,000
Construction
Manufacturing
0
2009
2010
2011
2012
source: Business Register and Employment Survey, ONS
This data must not be compared to the 1998-2008 data on the next slide, they are from different sources
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: December 2014
Number of businesses
• In 2013 an estimated 7,405 businesses were active in Coventry (this does
not include multiple branches of the same enterprise)*.
• Three quarters of these are small businesses employing fewer than 5
people
• The number of new businesses in Coventry in 2012 continued to be
greater than the number of closures and so the total number if
businesses operating in the city increased
• However, 2012 saw a minor fall in the number of formations and a
minor increase in closures, so the rate of growth slowed a little
Year
Number of new business
Number of business
start- ups in Coventry
closures 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
1,065
2011
1,125
990
2012
1,090
1,005
*Source: UK Business: Activity, Size And
Location - 2013 ; ONS. The source for this figure is
different from the source used for figures reported in
previous editions.
Source for data table: Business Demography
2012; ONS
Back to Contents page
New business formation
• An estimated 1,090 new business registered in Coventry in 2012, a
similar number to 2011. The rate of business formation stabilised in
2012 after an increasing trend over the previous two years
• The rate is 42 new businesses per 10,000 adults, compared to the
England average of 55. The Coventry rate is very similar to the
average for other metropolitan areas
• Post recession, the rate of business formation in Coventry is still
however 11% lower than 2008 levels. This fall was experienced
between 2008 and 2009 with some recovery since
• This is compared to a drop of 2% across England overall and 3% on
average amongst all metropolitan areas
Back to Contents page
The next update of this information is due: December 2014
Business formation
Number of business 'births' per 10,000 people aged 16+
70.0
England 55.3
60.0
50.0
Coventry 42.1
40.0
All
metropolitan
authorities
42.3
30.0
20.0
10.0
0.0
2004
2005
2006
2007
2008
2009
2010
2011
2012
source: Office for National Statistics
Source: Business Demography 2012; ONS
Back to Contents page
Business closures
• An estimated 1,005 Coventry businesses closed during 2012, a
similar number to 2011
• The rate of closure is still higher than it was in 2006. However
closures have become increasingly less common every year since
2009, the recessionary peak
• The rate is 39 businesses closures per 10,000 adults, compared to
the England average of 52. The Coventry rate is also a little lower
than the average for other metropolitan areas – the business
population of Coventry is growing a little faster than it is on average
across other similar areas
• With lower rates of business formation and also lower rates of
business closure, Coventry has a business population than changes
a little slower than on average across England, there is less ‘churn’
Back to Contents page
The next update of this information is due: December 2014
Business closures
Number of business 'deaths' per 10,000 people aged 16+
70.0
60.0
England 51.6
50.0
All metropolitan
areas 41.4
40.0
Coventry 38.8
30.0
20.0
10.0
0.0
2004
2005
2006
2007
2008
2009
2010
2011
2012
source: Office for National Statistics
Source: Business Demography 2012; ONS
Back to Contents page
The next updates of this information are due: October 2014 and January 2015
City Centre Footfall
2011
2012
2013
-0.2%
0.4%
-2.1%
-3.8%
2010
-2.9%
-3.2%
2009
-0.2%
-1.0%
2008
-2.5%
-1.2%
2007
-2.2%
-2.0%
1.9%
2006
-5.3%
4%
2%
0%
-2%
-4%
-6%
-8%
-10%
-0.2%
-0.6%
•
-4.8%
•
In the financial year ending 31st March 2014 Coventry City Centre footfall
was up 0.4% compared to the previous financial year
Nationally footfall was down by slightly by 0.2% on average over the same
period
There are variations in the trend of footfall between different areas of the
City Centre
Footfall (year-on-year)
2.2%
•
City
Centre
UK Index
2014
(year to
date,
Including Upper Precinct, Lower Precinct, West Orchards, Market Way, Smithford Way, City Arcade, Hertford
quarter
Street and Priory Place cameras (Spon Street not included from May 2011)
2)
Back to Contents page
The next updates of this information are due: October 2014 and January 2015
City Centre Void Units
See detailed report on Facts about Coventry
40
30
20
48
38
39
42
44
44
44
47
50
50
48
36
41
41
42
47
46
45
60
57
59
59
70
56
58
67
69
68
80
65
60
57
55
City Centre Retail Voids
17
22
19
13
21
26
24
22
24
•
10
0
2005 Q1
2005 Q2
2005 Q3
2005 Q4
2006 Q1
2006 Q2
2006 Q3
2006 Q4
2007 Q1
2007 Q2
2007 Q3
2007 Q4
2008 Q1
2008 Q2
2008 Q3
2008 Q4
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2011 Q1
2011 Q2
2011 Q3
2011 Q4
2012 Q1
2012 Q2
2012 Q3
2012 Q4
2013 Q1
2013 Q2
2013 Q3
2013 Q4
2014 Q1
2014 Q2
•
During the last quarter, quarter 2 2014, the number of empty shops decreased by 2 to
a total of 55, with 7 new voids and 5 newly occupied units
This is a continuation of a falling trend in the number of empty units since it peaked at
a high level of 65 in q3 2013
The rate of vacancies is higher than the national average. The national vacancy rate
was last available for the first quarter of 2014. The vacancy rate in Coventry in q1
2014 was 14.7% of prime retail ground floor units compared to 11.0% nationally
Retail voids
•
Back to Contents page
Labour Market
•
•
•
•
•
•
•
April 2013 – March 2014 data
The working age residents of Coventry (aged 16 – 64) make up about
two thirds of the total population. About two thirds (66%) of working age
residents of Coventry are in employment, lower than the national
average employment rate of 72%
The relatively high inactivity rate, partly due to Coventry being resident
to many students, is one reason why the employment rate is low
The employment rate of 66% is down from 71% in 2007 before the
recession; around 5,000 fewer in employment
About 137,900 people are in employment, 12,300 are unemployed and
62,500 people are economically inactive (e.g. long term sick, full time student, looking after family / home etc.)
While the employment rate is still lower than it was before the recession,
there are some indications of recovery in Coventry. We await future
survey results for confirmation of a consistent trend of recovery.
Inconsistent patterns in the changing levels of economic activity may be
affecting the recovery in the number of residents in employment
The total number of jobs based at Coventry workplaces has increased
since the recession – but the employment rate amongst residents is not
recovering as consistently – more commuters
Unemployment is still higher than pre-recession levels, as is economic
inactivity amongst residents (partly due to increasing student numbers).
Source: ONS Annual Population Survey April 2013 – March 2014, NOMIS
Back to Contents page
The next updates of this information are due: October 2014 and January 2015
Labour Market
Source: Annual Population Survey, ONS - NOMIS Jul 2014
Economic status of Coventry's working age population
April 2013 - March 2014
56.7%
Employees
8.6%
Self employed
Coventry
Economically active
70%
4.1%
Jobseekers Allowance
England
(England 77%)
1.8%
Other unemployed
6.6%
ESA / Incapacity benefit
1.7%
Lone parent claiming
Income Support *
Includes nonemployed
students
Economically inactive
30%
(England 23%)
21.5%
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 12,300 Coventry residents aged 16+
are unemployed (Apr. 2013 – Mar. 2014); an unemployment rate of 8.1% of
the economically active population compared to the England average of
7.1%. This rate should not be compared to the JSA rate
• The recently published data gives an indication that unemployment
amongst residents has been on downward trend recently
Back to Contents page
Jobseeker’s Allowance (JSA)
Read about JSA sanctions on Facts about Coventry
• The Jobseeker’s Allowance (JSA) claimant count is not a direct
measure of unemployment although it has historically been used as
an up to date indicator of the changing unemployment level. However
it can no longer be considered a reliable way of monitoring
unemployment because of the changing conditions for claiming the
benefit and the current regime of sanctions which is causing some
claimants to stop their claim. It is not possible to know how much of
the reducing trend in JSA is due to a falling level of unemployment
and how much is due to the changing way it is being administered.
• 6,613 claimants of Jobseeker’s Allowance (JSA) in July 2014, a large
reduction from July 2013. The seasonally adjusted JSA claimant rate
is 3.1% of the working age population (July 2014). The JSA claimant
count peaked at 11,570, 5.8% in October 2009
• JSA rate in July 2014 (seasonally adjusted); 2.5% across UK, 3.0%
across the West Midlands region and 1.4% in Warwickshire
• It now seems that the falling trend in the claimant count has been
greatly a result of people stopping claiming due to the new regime of
sanctions (for not complying with conditions) introduced in October
2012 - and less so a result of falling unemployment amongst
residents
Back to Contents page
JSA trends
See JSA report on Facts about Coventry
Read about JSA sanctions on Facts about Coventry
• By July 2014, the Jobseeker’s Allowance (JSA) claimant rate
amongst Coventry residents was continuing on its steeply downward
trend, reaching 6,613 claimants
• There was a fall in the claimant count in the month between June and
July 2014 – 139 fewer claimants in July
• At the end of 2013 the overall claimant count in the city dipped below
8,000 residents for the first time since the end of 2008. The
seasonally adjusted JSA count has been on a broadly downward
trend from the end of 2011
• The claimant count is now about 2,500 (28%) lower than it was at the
same time last year – although this is a slightly slower rate of
decrease than the national average (30%)
• The claimant count in Coventry is now at about the same level it was
at pre-recession – although we know overall unemployment is still
higher than pre-recession levels
• It now seems that the falling trend in the claimant count has been
greatly a result of people stopping claiming due to the new regime of
sanctions (for not complying with conditions) introduced in October
2012 - and less so a result of falling unemployment amongst
residents
Back to Contents page
Updates for this statistic are published by the ONS on a monthly basis
Jobseeker’s Allowance (JSA)
claimant count trends
6.5
6.0
5.5
5.0
4.5
4.0
3.5
% of resident
working age
population
3.1%
Coventry
3.0
3.0%
2.5
W Midlands Region
2.0
United Kingdom
1.5
Warwickshire
2.5%
JSA Count rates since 2007
seasonally adjusted
Banking
crisis
1.0
1.4%
0.5
0.0
J FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ J
2007
2008
2009
2010
2011
2012
July 2013: JSA rates for all periods in the chart have been adjusted as a result of a change in the working age population denominator.
In light of the Census 2011 results, revised population estimates for 2002 – 2010 were published by the ONS. July 2014: new mid-year
population estimates for 2013 were released which have been used to calculate the rates from Jan. 2013 onwards.
2013
2014
Back to Contents page
Updates for this statistic are published by the ONS on a monthly basis
See map report on Facts about Coventry
JSA claimant count
12,500
12,000
11,500
11,000
10,500
10,000
9,500
9,000
JSA 8,500
Claimant 8,000
Count 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 J FMAMJ J ASOND J FMAMJ J
2007
2008
2009
Source: Jobseeker’s Allowance claimant count, ONS, NOMIS
2010
2011
2012
2013
2014
Back to Contents page
Total out of work benefits claimants
•
•
•
•
•
•
On average there were 26,600 people claiming an out of work benefit during
the period April 2013-March 2014, 12.3% of the working age population
(metropolitan areas average 14.3%, England average 10.5%). This is a
significant fall of 500 claimants compared to the last period, the year ending
December 2013
This mainly includes Jobseeker’s Allowance (JSA) claimants, Incapacity
Benefit or Employment and Support Allowance claimants and lone parents
claiming Income Support
In Coventry the significant fall in the total number claiming out of work
benefits between 2010 and 2012 was one of the largest falls in the country,
much larger than the average for metropolitan areas. However, there was
not clearly an increase in employment amongst residents in that time; there
are an increasing number of residents who do not have a regulat income for
paid work or out-of-work benefits
This falling trend has continued since 2012, although the 2012 to 2014 fall
has not been exceptional compared to other local authorities
There has been a falling trend in the claimant count for all main benefits.
This falling trend has been seen most significantly in the JSA claimant count
and in a sustained reduction in the number of lone parents claiming Income
Support. Eligibility criteria for lone parents to claim Income Support has
been gradually changed in recent years. Welfare reform in general is
influencing the trends
The % of Coventry residents who claim out of work benefits is now lower
than it was before the recession
Back to Contents page
The next updates of this information are due: November 2014
See map report on Facts about Coventry
Key out-of-work benefits claimants - %
COVENTRY: People on out-of-work benefits - 4 quarter average
14.2
14.1
13.9
2.0
2.0
1.9
1.9
6.8
6.8
6.8
6.7
6.5
6.4
6.4
6.4
6.4
4.9
4.8
4.7
4.6
4.5
4.4
4.2
4.1
3.8
12.5
12.3
1.6
Total
1.7
1.7
1.7
2.3
12.7
14.6
2.1
7.0
5.0
13.0
14.6
2.1
7.0
4.9
13.2
14.6
2.2
7.0
4.8
13.7
14.7
2.3
7.0
4.8
15.2
2.4
7.2
Others
5.0
15.4
2.5
7.2
5.2
15.6
2.5
7.2
5.3
15.7
2.5
7.2
5.4
7.3
2.6
15.9
Lone Parents on IS
5.4
15.5
2.6
7.3
5.0
14.9
2.7
7.3
4.4
14.4
2.7
7.3
3.9
14.0
2.7
7.3
3.5
13.8
2.7
7.3
3.3
7.3
2.7
13.8
IB / ESA
3.3
13.9
2.7
7.3
3.4
14.3
2.8
3.6
7.5
14.5
2.8
7.5
3.7
14.5
2.8
7.5
3.7
14.5
7.6
2.8
JSA
3.7
18.0
17.0
16.0
15.0
14.0
Rates - % of 13.0
working age 12.0
population 11.0
10.0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Other
Lone
Parents
Incapacity
Benefits /
ESA
JSA
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2007
2008
2009
2010
2011
2012
2013
2014
12 month period ending..
Source: DWP Work and Pensions longitudinal study, NOMIS
July 2013: All benefit claimant rates for all periods in the chart have been adjusted as a result of a change in the working age
population denominator. In light of the Census 2011 results, revised population estimates for 2002 – 2010 were published by
the ONS. July 2014: new mid-year population estimates for 2013 were released which have been used to calculate the rates
from Jan. 2013 onwards.
Back to Contents page
Qualifications of
residents
• It is estimated that 30% of working age residents of
Coventry have higher level qualifications, those equivalent
to or higher than a foundation degree. This is similar to
the regional average but lower than the national average
(35%) and lower than Warwickshire (39%)
• 16% have no qualifications, higher than the England
average (9%)
Back to Contents page
The next update of this information is due: April 2015
See map report on Facts about Coventry
Qualifications
Qualification levels 2013
100%
90%
30%
28%
% of working 70%
age population
by qualification 60%
level
50%
21%
21%
NVQ4
40%
17%
NVQ3
30%
80%
NVQ2
NVQ1
20%
Other
10%
None
0%
35%
21%
39%
20%
18%
11%
17%
16%
12%
10%
6%
9%
7%
10%
England
Warwickshire
12%
7%
7%
16%
14%
Coventry
West Midlands
Region
Source: ONS Annual Population Survey Jan 2013 – Dec 2013, NOMIS
Back to Contents page
Sources
Population by age –
Birth rates Population by ethnic group Deprivation in Coventry Gross Value Added Productivity Disposable Household Income Earnings of people in work Employment by industry Number of businesses Business formation & closures City Centre Footfall City Centre Void Units Labour Market Unemployment Jobseeker’s Allowance (JSA)
claimant count Total out of work benefits claimants Qualifications -
Mid-year population estimates, Office for National Statistics (ONS)
Birth summary tables, England and Wales 2013 (final), Office for National Statistics
Census 2011, Office for National Statistics
Index of Multiple Deprivation, Department for Communities & Local Government
Regional Gross Value (Income Approach), Office for National Statistics
Gross Value Added per hour worked, Office for National Statistics
Regional Gross Disposable Household Income (GDHI), Office for National Statistics
Annual Survey of Hours and Earnings, ONS, www.nomisweb.co.uk
Business Register and Employment Survey (BRES), ONS, www.nomisweb.co.uk
UK Business: Activity, Size and Location – 2013, Office for National Statistics
Business Demography, Office for National Statistics
Insight, Coventry City Council, & Experian Footfall
Insight, Coventry City Council & Springboard
Annual Population Survey, ONS, www.nomisweb.co.uk
Annual Population Survey, ONS & JSA claimant count, www.nomisweb.co.uk
Office for National Statistics & Jobcentre Plus, www.nomisweb.co.uk
Work & Pensions Longitudinal Study, DWP, www.nomisweb.co.uk
Annual Population Survey, ONS, www.nomisweb.co.uk
Back to Contents page
Insight
www.facts-about-coventry.com
Back to Contents page