Berkshire Labour Market Update Q2 2017

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1 Berkshire Labour Market Update Q2 2017

2 About this report Our quarterly Berkshire Labour Market Updates provide a comprehensive evidence base for the Elevate Berkshire programme. Elevate Berkshire aims to address unemployment and underemployment amongst year-olds to enable some of the hardest to reach young people find jobs, stay in work and develop rewarding careers. The first part of the report focuses on young people in the labour market, whilst the second part provides contextual information about the Berkshire labour market as a whole. Unless stated, the data in this report relates to the period April to June Caroline caroline@thamesvalleyberkshire.co.uk

Contents Part 1 Berkshire s youth labour market Elevate

Employment or Training (NEET) Job market for entry level

trends Labour market overview by local area Employment,

3 Contents Part 1 Berkshire s youth labour market Elevate Berkshire cohort Youth unemployment Not in Education, Employment or Training (NEET) Job market for entry level positions Job opportunities Job losses Part 2 Labour market trends Labour market overview by local area Employment, unemployment and inactivity trends Jobseekers Job market Skills in demand 3

4 Key messages for Elevate Berkshire partners This report is intended to be used as a reference document to help develop local intervention strategies and monitor progress. Reports will be published quarterly, in April/May, July/August, October/November and January/February, in line with data releases from the Office for National Statistics. The reports now include data on: The size of the Elevate Cohort 16/17 year olds Not in Education, Training or Employment Young people claiming any DWP benefit Most frequently advertised entry level jobs (at three qualification levels) When interpreting the data, please take note of which includes and excludes students. 4

5 The Berkshire Labour Market - August 2017 The UK labour market continues to expand despite Brexit looming on the horizon. Employment rates are at a record high and unemployment is at its lowest rate for 42 years. In Berkshire, employment rates remain high, and unemployment and economic inactivity low. Employment and unemployment rates are now back at their strong pre-recession (2008) levels. Overview The overall size of the Elevate Berkshire cohort (unemployed or economically inactive year olds who are not full-time students) dropped slightly over the last quarter to approximately 9,300*. Within this group, the number claiming unemployment related benefits increase slightly. The top three occupations for job postings during the second quarter of 2017 were: software developer / engineers; sales representatives; computer support specialists. Between April and June 2017, the main large-scale job openings announced were at the new Lexicon development in Bracknell (Cineworld and Fenwicks). * This is based on survey data and is therefore subject to a degree of sampling variability. 5

6 Berkshire s youth labour market

7 The Elevate Berkshire cohort: Unemployed or economically inactive year olds living in Berkshire Key points This graph shows the number of year-olds in Berkshire who are either unemployed or economically inactive and are not full-time students. This is the target cohort for the Elevate Berkshire programme There are currently in the region of 9,500 young people in this cohort, which equates to approximately 1 in 9 of all year-olds The number dropped between 2013/14 and 2015/16, and has remained relatively stable since Some of those within the cohort will be unavailable for work. For example, those with caring responsibilities or limiting health conditions The majority of economically inactive young people are female and over the age of 20 14,000 12,000 10,000 8,000 6,000 4,000 2, ,200 Apr Mar ,600 11,500 11,400 Jul Jun 2014 Oct Sep 2014 Jan Dec ,900 Apr Mar ,200 Jul Jun ,000 Oct Sep ,300 9,400 Jan Dec 2015 Apr Mar ,100 Jul Jun ,700 9,900 Oct Jan Sept 2016 Dec ,300 Apr Mar 2017 Source: Annual Population Survey, ONS (students excluded) 7

8 Jan 2004-Dec 2004 Apr 2004-Mar 2005 Jul 2004-Jun 2005 Oct 2004-Sep 2005 Jan 2005-Dec 2005 Apr 2005-Mar 2006 Jul 2005-Jun 2006 Oct 2005-Sep 2006 Jan 2006-Dec 2006 Apr 2006-Mar 2007 Jul 2006-Jun 2007 Oct 2006-Sep 2007 Jan 2007-Dec 2007 Apr 2007-Mar 2008 Jul 2007-Jun 2008 Oct 2007-Sep 2008 Jan 2008-Dec 2008 Apr 2008-Mar 2009 Jul 2008-Jun 2009 Oct 2008-Sep 2009 Jan 2009-Dec 2009 Apr 2009-Mar 2010 Jul 2009-Jun 2010 Oct 2009-Sep 2010 Jan 2010-Dec 2010 Apr 2010-Mar 2011 Jul 2010-Jun 2011 Oct 2010-Sep 2011 Jan 2011-Dec 2011 Apr 2011-Mar 2012 Jul 2011-Jun 2012 Oct 2011-Sep 2012 Jan 2012-Dec 2012 Apr 2012-Mar 2013 Jul 2012-Jun 2013 Oct 2012-Sep 2013 Jan 2013-Dec 2013 Apr 2013-Mar 2014 Jul 2013-Jun 2014 Oct 2013-Sep 2014 Jan 2014-Dec 2014 Apr 2014-Mar 2015 Jul 2014-Jun 2015 Oct 2014-Sep 2015 Jan 2015-Dec 2015 Apr 2015-Mar 2016 Jul 2015-Jun 2016 Oct 2015-Sep 2016 Jan 2016-Dec 2016 Apr 2016-Mar 2017 Unemployment amongst year olds living in Berkshire (volume and rate) Key points Youth unemployment* in Berkshire rose slightly during 2016 following a steep decline between 2013 and 2015 The latest data suggests that approximately 5,400 young people in Berkshire are unemployed**, a rate of 10% *16-24 year olds who are not currently working, but would like to, and have actively sought employment within the last 4 weeks ** Please note, this measure of unemployment includes students 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1, Number Rate Source: Annual Population Survey, ONS. N.B. some fluctuation due to sampling variation 8

9 Youth unemployment by Local Enterprise Partnership area Key points Youth unemployment in Berkshire is lower than the national average and is broadly in line with South East regional average 13 Local Enterprise Partnership (LEP) areas have lower youth unemployment than Berkshire Data is not available for some LEP areas due to small sample sizes. Greater Birmingham and Solihull Tees Valley Black Country London North East Greater Manchester Humber Solent Gloucestershire South East Sheffield City Region Dorset Heart of the South West The Marches New Anglia Greater Cambridge and Greater Peterborough Leeds City Region Swindon and Wiltshire Liverpool City Region Thames Valley Berkshire Cheshire and Warrington Enterprise M3 Derby, Derbyshire, Nottingham and Nottinghamshire Leicester and Leicestershire Coast to Capital Stoke-on-Trent and Staffordshire Coventry and Warwickshire Greater Lincolnshire Lancashire West of England South East Midlands York, North Yorkshire and East Riding Hertfordshire Source: Annual Population Survey, ONS Data for the period January 2016 to December

10 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September October 2013 November December January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September October 2014 November December January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September October 2015 November December January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September October 2016 November December January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 Young people claiming unemployment benefit in Berkshire Key points We estimate that only 20% of Berkshire s young people who are unemployed (and are not full-time students) are claiming unemployment benefit (Jobseekers Allowance or Universal Credit) The number of claimants has been pretty stable since March ,500 3,000 2,500 2,000 Female Male 1, , Source: DWP,

11 Key points Date June 2015 June 2016 June 2017 Change Bracknell Forest % Reading % Slough % Young unemployment benefit claimants by year and local authority The number of young people claiming unemployment benefit across Berkshire increased by 6% between June 2016 and June 2017 During this period, numbers fell in West Berkshire and in Wokingham, and rose in Bracknell Forest, Reading and Windsor and Maidenhead Reading currently has the highest number of young unemployment benefit claimants of the six Berkshire local authorities, followed by Slough All but two of the Wards with the highest number of young unemployment benefit claimants in Berkshire are located within Reading or Slough West Berkshire % Windsor and Maidenhead % Wokingham % Thames Valley Berkshire % South East 11,625 11,630 12,190 5% England 134, , ,900 3% Wards with highest number of young unemployment benefit claimants June 2017 Ward Local Authority District Total Battle Reading 30 Whitley Reading 30 Old Bracknell Bracknell Forest 25 Church Reading 25 Minster Reading 25 Britwell Slough 25 Central Slough 25 Abbey Reading 20 Caversham Reading 20 Katesgrove Reading 20 Norcot Reading 20 Southcote Reading 20 Baylis and Stoke Slough 20 Wexham Lea Slough 20 Oldfield RBWM 20 Source: DWP,

12 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September October 2013 November December January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September October 2014 November December January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September October 2015 November December January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September October 2016 November December January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 Key points 1, Young people claiming Jobseekers Allowance for over 6 months and over 12 months We can measure trends in long-term youth unemployment using data on the number of young people claiming Jobseekers Allowance (JSA) for more than 6 months and more than 12 months (remembering that not all those who are long-term unemployed will claim unemployment benefit) The data suggests a big drop in long-term youth unemployment between early 2013 and late 2014 Since January 2015 long-term youth unemployment has declined slightly but at a much slower rate The numbers are now very low with only 80 young people in Berkshire claiming JSA for more than 6 months and 35 for more than 12 months Claiming for over 12 months Claiming for over 6 months Source: DWP,

13 Young people claiming a DWP benefit, 2013 to 2016 Key points The number of year olds claiming any DWP benefit has dropped considerably over the last four years, from over 6,600 in November 2013 to around 4,200 in November 2016 Within Berkshire, Reading has the highest number of young people claiming a benefit, followed by Slough and West Berkshire Windsor and Maidenhead, Bracknell Forest and Wokingham have the fewest number of young people claiming a benefit November 2013 November 2014 November 2015 November 2016 Bracknell Forest Reading 1,610 1,430 1,240 1,000 Slough 1,450 1,170 1, West Berkshire 1,100 1, Windsor and Maidenhead Wokingham Thames Valley Berkshire 6,590 5,850 5,110 4,190 1,800 1,600 1,400 1,200 1, November 2013 November 2014 November 2015 November 2016 Bracknell Forest Reading Slough West Berkshire Windsor and Maidenhead Wokingham Source: DWP,

14 16-24 year old DWP benefit claimants by Ward, November 2016 Key points As with unemployment benefit claimants, the majority of Wards with the highest numbers of young people claiming any DWP benefit are either in Reading or Slough Whitley Ward in Reading tops the list followed by Chalvey in Slough Ward Unitary Authority Number of year old benefit claimants Whitley Reading 140 Chalvey Slough 115 Church Reading 90 Minster Reading 90 Old Bracknell Bracknell Forest 85 Katesgrove Reading 80 Battle Reading 75 Norcot Reading 75 Southcote Reading 70 Baylis and Stoke Slough 70 Britwell Slough 70 Central Slough 70 Abbey Reading 65 Wexham Lea Slough 65 Priestwood and Bracknell Forest 60 Garth Caversham Reading 60 Cippenham Slough 60 Meadows Haymill Slough 60 Clay Hill West Berkshire 60 Oldfield RBWM 60 Berkshire Total 4,195 Source: DWP,

15 16-24 year old DWP benefit claimants main reason for claiming Key points The aim of the Statistical Group definition is to categorise claimants by the main reasons why they are claiming benefits. Individuals are classified once Benefits are arranged hierarchically (see table) and claimants are assigned to the top most benefit which they receive. For example, a person who is a lone parent and receives Incapacity Benefit would be classified as ESA and incapacity benefits So the group lone parent, for example, will not contain all lone parents. Some will be included in the incapacity benefits group instead The main benefit young people are claiming is Employment Support Allowance and incapacity benefits, followed by disability benefit Statistical Group Bracknell Forest Reading Slough West Berkshire Windsor and Maidenhead Wokingham Thames Valley Berkshire Job seeker ESA and incapacity benefits ,480 Lone parent Carer Others on income related benefit Disabled ,100 Total 600 1, ,190 Source: DWP,

16 Key points In addition to data on unemployment, inactivity and benefit claimants, local authorities collect data on year-olds who are Not in Education, Employment or Training (NEET) In terms of definitions, a young person could be unemployed but not NEET (because they are undertaking training) or be NEET but not unemployed (because they are not seeking employment) Excluding Windsor and Maidenhead (where a large amount of activity is not known), Reading has the highest NEET / Activity Not Known figures for yearolds within Berkshire, and West Berkshire the lowest Between 2015 and 2016, NEET figures fell in West Berkshire, and rose in Bracknell Forest, Slough, Windsor and Maidenhead and Wokingham year olds Not in Education, Employment or Training Number of 16 and 17 year olds known to the local authority Total number NEET (inc not known) NEET or Activity Not Known % pt change % from 2015 Source: DfE, based on local authority data. Data relates to December, January and February. NEET Activity Not Known % % Bracknell Forest 2, % % 2.3% Reading 3, % % 1.6% Slough 3, % % 0.9% West Berkshire 3, % % 1.0% Windsor and Maidenhead 2, % % 42.2% Wokingham 3, % % 2.2% 16

17 Most frequently advertised Level 1 / 2 entry level jobs in Berkshire Key points We can analyse job adverts posted online to get an idea of roles that are in high demand within the local economy and the type of skills they demand The next few slides provide details on the most commonly advertised entry level jobs at different educational levels An entry level job is defined as a job that requires 0-2 years experience, and is therefore potentially suitable for young people This slide provides a list of the most frequently advertised entry level jobs that require applicants to have level 1 or 2 qualifications (e.g. GCSEs, NVQs at levels 1 or 2, Intermediate Apprenticeships) Beauty Therapist tops the list, followed by Personal Care Assistants and Accountancy Assistant 1. Beauty Therapist 2. Personal Care Assistant 3. Accountancy Assistant 4. Sales Executive 5. Chef 6. Pensions Administrator 7. Hair Stylist 8. Support Worker 9. Customer Service Representative 10. Sales Engineer 11. Auxiliary Nurse 12. Learning Disabilities Support Worker 13. Payroll Administrator 14. Receptionist 15. Activities Organiser 16. Catering Assistant 17. Desktop Support Analyst 18. Help Desk Technician 19. Kitchen Assistant 20. Refrigeration Technician 21. Retail Salesperson 22. Vehicle Paint Sprayer 23. Account Executive 24. Administrative Assistant Source: Labour Insight, Burning Glass Technologies,

18 Most frequently advertised Level 3, 4 and 5 entry level jobs in Berkshire Key points This slide provides a list of the most frequently advertised entry level jobs that require applicants to have level 3, 4 or 5 qualifications (e.g. A-levels, NVQs at levels 3, 4 or 5, Advanced Apprenticeships, Higher Apprenticeships, HNCs, HNDs and Foundation Degrees) Beauty Therapist tops the list again, followed by Kitchen Manager and Quantity Surveyor 1. Beauty Therapist 2. Kitchen Manager 3. Quantity Surveyor 4. Sales Executive 5. Recruiting Consultant 6. Spa Therapist 7. Assistant Manager 8. Design Engineer 9. Restaurant Manager 10. Chef 11. Computer Support Engineer 12. Teacher's Assistant 13. Applications Engineer 14. Head Chef 15. Mechanic 16. Mechanical Design Engineer 17. PA 18. Qualified Nursery Nurse 19. Safety Officer 20. Site Engineer 21. Sous Chef 22. Specialty Registrar 23. Asbestos Analyst 24. Assembler Source: Labour Insight, Burning Glass Technologies,

19 Most frequently advertised Level 6 and above entry level jobs in Berkshire Key points This slide provides a list of the most frequently advertised entry level jobs that require applicants to have level 6 or above qualifications (i.e. degree level or higher) Social Worker tops this list, followed by Sales Executive and Business Analyst 1. Social Worker 2. Sales Executive 3. Business Analyst 4. Quantity Surveyor 5. Recruiting Consultant 6. Technical Consultant 7. Sales Development Representative 8. Account Manager 9. Business Development Executive 10. Mechanical Design Engineer 11. Sales Engineer 12. Assistant Manager 13. Marketing Executive 14. Radiographer 15. Sales Associate 16. Program Manager 17. PHP Developer 18. Software Developer 19. Technical Support Engineer 20. Clinical Research Associate 21. Graphic Designer 22. Project Manager 23. Security Officer 24. Software Development Engineer Source: Labour Insight, Burning Glass Technologies,

20 Job openings mentioned in the press - Q Consent has been granted to build 15 more buildings at The University of Reading's Thames Valley Science Park over the next 20 years. Outline permission was granted by Wokingham Borough Council for the second phase of the Shinfield hi-tech hub that could provide 5,000 new jobs. Source: GetReading, May 2017 Bracknell s new Cineworld is looking to employ up to 60 staff for the 12 screen cinema. Source: GetReading, July 2017 MORE than 80 new jobs are set to be created for the people of Bracknell when a new department store opens its doors in the newly-regenerated town. Fenwick has unveiled its full plans for a new 80,000 sq ft shop, due to open in The Lexicon development in Bracknell in autumn Source: GetReading, May 2017 Ultima, a leading provider of on-premise and cloud IT infrastructure and managed service solutions, has announced it has invested 18 million to create a state-of- the-art HQ in Reading. The company will also be creating 50 new jobs in its Reading office, and doubling the number of apprentices it takes on each year from 20 to 40. Source: GetReading, May

21 Job losses mentioned in the press - Q PHARMACEUTICALS giant GlaxoSmithKline (GSK) has clarified that 73 jobs are under threat in Slough following its announcement to close and sell its Horlicks factory site. Source: Slough Observer, July 2017 Marks & Spencer has made the decision to close its Slough and Wokingham stores. Source: LondonLovesBusiness, April

22 Berkshire s labour market trends (all ages)

23 Key points Berkshire has a higher employment rate, and lower unemployment and economic inactivity rates than both the national and regional averages Within Berkshire, Bracknell Forest has the highest employment rate (82.0%) and Slough the lowest (74.3%) Unemployment rates range from 4.3% in Slough to 2.8 % in Wokingham Slough and Reading are the only Berkshire local authority area with an unemployment rate higher than the regional average Economic inactivity rates vary quite a bit across Berkshire, from 22.3% in Slough to 14.9% in West Berkshire Comparative picture of Berkshire s labour market 2016/17 April 2016 to March Population Labour supply Labour Demand Employment Unemployment Economic inactivity Claimant Count Jobs (000s) Total 16+ (000s) Rate (%) Total (000s) Rate (%) Total (000s) Rate (%) Level Proportion (%) Total (000s) Jobs Density ENGLAND 34,670 26, , , , , SOUTH EAST 5,564 4, , , , THAMES VALLEY BERKSHIRE , Bracknell Forest Reading , Slough , West Berkshire Windsor and Maidenhead Wokingham Bordering local authorities Basingstoke and Deane Hart Hillingdon , Runnymede South Bucks South Oxfordshire Spelthorne Surrey Heath Test Valley Vale of White Horse Wiltshire , Wycombe , Source: Annual Population Survey, ONS 23

Trends in employment, unemployment and economic inactivity Key points Employment rates have risen steadily in Berkshire over the last four year and now stand at 78.

24 Trends in employment, unemployment and economic inactivity Key points Employment rates have risen steadily in Berkshire over the last four year and now stand at 78.9% Unemployment and economic inactivity rates have declined steadily These trends mirror the national trend The next three slides show the longer term trends in employment and unemployment Employment rate Unemployment rate Economicially inactive Employment rate Unemployment rate Economically inactive Thames Valley Berkshire England Source: Annual Population Survey, January to December 2016, ONS 24

25 Jan 2004-Dec 2004 Apr 2004-Mar 2005 Jul 2004-Jun 2005 Oct 2004-Sep 2005 Jan 2005-Dec 2005 Apr 2005-Mar 2006 Jul 2005-Jun 2006 Oct 2005-Sep 2006 Jul 2006-Jun 2007 Oct 2006-Sep 2007 Jan 2007-Dec 2007 Apr 2007-Mar 2008 Jul 2007-Jun 2008 Oct 2007-Sep 2008 Jan 2008-Dec 2008 Apr 2008-Mar 2009 Jul 2008-Jun 2009 Oct 2008-Sep 2009 Jan 2009-Dec 2009 Apr 2009-Mar 2010 Jul 2009-Jun 2010 Oct 2009-Sep 2010 Jan 2010-Dec 2010 Apr 2010-Mar 2011 Jul 2010-Jun 2011 Oct 2010-Sep 2011 Jan 2011-Dec 2011 Apr 2011-Mar 2012 Jul 2011-Jun 2012 Oct 2011-Sep 2012 Jan 2012-Dec 2012 Apr 2012-Mar 2013 Jul 2012-Jun 2013 Oct 2012-Sep 2013 Jan 2013-Dec 2013 Apr 2013-Mar 2014 Jul 2013-Jun 2014 Oct 2013-Sep 2014 Jan 2014-Dec 2014 Apr 2014-Mar 2015 Jul 2014-Jun 2015 Oct 2014Sep 2015 Jan 2015-Dec 2015 Apr 2015-Mar 2016 Jul 2015-Jun 2016 Oct 2015-Sep 2016 Jan 2016-Dec 2016 Apr 2016-Mar 2017 Employment rate trends from 2014 to 2017 Key points Berkshire s employment rate (in blue) has, broadly speaking, been rising since 2011 This mirrors the national picture Berkshire s employment rate has now returned to its pre-recession peak (79%) Thames Valley Berkshire England 64.0 Source: Annual Population Survey, ONS 25

26 Jan 2004-Dec 2004 Apr 2004-Mar 2005 Jul 2004-Jun 2005 Oct 2004-Sep 2005 Jan 2005-Dec 2005 Apr 2005-Mar 2006 Jul 2005-Jun 2006 Oct 2005-Sep 2006 Jan 2006-Dec 2006 Apr 2006-Mar 2007 Jul 2006-Jun 2007 Oct 2006-Sep 2007 Jan 2007-Dec 2007 Apr 2007-Mar 2008 Jul 2007-Jun 2008 Oct 2007-Sep 2008 Jan 2008-Dec 2008 Apr 2008-Mar 2009 Jul 2008-Jun 2009 Oct 2008-Sep 2009 Jan 2009-Dec 2009 Apr 2009-Mar 2010 Jul 2009-Jun 2010 Oct 2009-Sep 2010 Jan 2010-Dec 2010 Apr 2010-Mar 2011 Jul 2010-Jun 2011 Oct 2010-Sep 2011 Jan 2011-Dec 2011 Apr 2011-Mar 2012 Jul 2011-Jun 2012 Oct 2011-Sep 2012 Jan 2012-Dec 2012 Apr 2012-Mar 2013 Jul 2012-Jun 2013 Oct 2012-Sep 2013 Jan 2013-Dec 2013 Apr 2013-Mar 2014 Jul 2013-Jun 2014 Oct 2013-Sep 2014 Jan 2014-Dec 2014 Apr 2014-Mar 2015 Jul 2014-Jun 2015 Oct 2014-Sep 2015 Jan 2015-Dec 2015 Apr 2015-Mar 2016 Jul 2015-Jun 2016 Oct 2015-Sep 2016 Jan 2016-Dec 2016 Apr 2016-Mar 2017 Unemployment rate trends from 2014 to 2017 Key points Unemployment rates in Berkshire have, broadly speaking, been falling since mid 2009 It took longer for England s unemployment rate to start falling post the start of the recession, doing so in mid 2013 Berkshire s unemployment rate has now fallen below the pre-recession low of 3.4% Thames Valley Berkshire England 0.0 Source: Annual Population Survey, ONS 26

27 Jan 2004-Dec 2004 Apr 2004-Mar 2005 Jul 2004-Jun 2005 Oct 2004-Sep 2005 Jan 2005-Dec 2005 Apr 2005-Mar 2006 Jul 2005-Jun 2006 Oct 2005-Sep 2006 Jan 2006-Dec 2006 Apr 2006-Mar 2007 Jul 2006-Jun 2007 Oct 2006-Sep 2007 Jan 2007-Dec 2007 Apr 2007-Mar 2008 Jul 2007-Jun 2008 Oct 2007-Sep 2008 Jan 2008-Dec 2008 Apr 2008-Mar 2009 Jul 2008-Jun 2009 Oct 2008-Sep 2009 Jan 2009-Dec 2009 Apr 2009-Mar 2010 Jul 2009-Jun 2010 Oct 2009-Sep 2010 Jan 2010-Dec 2010 Apr 2010-Mar 2011 Jul 2010-Jun 2011 Oct 2010-Sep 2011 Jan 2011-Dec 2011 Apr 2011-Mar 2012 Jul 2011-Jun 2012 Oct 2011-Sep 2012 Jan 2012-Dec 2012 Apr 2012-Mar 2013 Jul 2012-Jun 2013 Oct 2012-Sep 2013 Jan 2013-Dec 2013 Apr 2013-Mar 2014 Jul 2013-Jun 2014 Oct 2013-Sep 2014 Jan 2014-Dec 2014 Apr 2014-Mar 2015 Jul 2014-Jun 2015 Oct 2014-Sep 2015 Jan 2015-Dec 2015 Apr 2015-Mar 2016 Jul 2015-Jun 2016 Oct 2015-Sep 2016 Jan 2016-Dec 2016 Apr 2016-Mar 2017 Unemployment rate trends from 2014 to 2017 by local authority Key points Within Berkshire, unemployment is once again highest in Slough, following an 18 month period where Reading had the highest unemployment rates During the recession, unemployment rates rose highest in Slough, reaching a peak of nearly 10%. The rate then dropped considerably to 2015 although has risen again (slightly) over the last 12 months Unemployment rates in the remaining four local authority areas are very low (less than 4%) Bracknell Forest Reading Slough West Berkshire Windsor and Maidenhead Wokingham Source: Annual Population Survey, ONS 27

28 Jobseekers Key points Currently, approximately 34,800 people in Berkshire are not working but would like to. A drop of 2,500 since the previous quarter Of these, 43% are actively seeking work and are therefore classified as being unemployed The main reason for people being economically inactive in Berkshire is that they are looking after family or home, followed by being a student A much lower proportion are inactive due to long-term sickness in Berkshire than the national average Claiming out-of-work benefits (average over 12 month period), 5,400, 16% Unemployed but not claiming out-of-work benefits, 9,400, 27% Want a job but not actively seeking* (inactive & want a job), 20,000, 57% Understanding who is seeking work and why people are economically inactive in Berkshire Reason for being economically inactive Thames Valley Berkshire South East England *Those who ideally want a job but haven t sought work in the last few weeks. This includes people with caring responsibilities who may struggle to find work to fit around those responsibilities. Want a job Do not want a job Student Looking after family / home Long-term sick Retired Source: Annual Population Survey, April 2016 to March 2017, ONS 28

29 Key points In Q2 of 2017, software developer / engineer were in highest demand across Berkshire, followed by sales representatives and computer support specialists Occupations moving up the rankings from the previous quarter included project managers and retail store managers / supervisors (likely related to the recruitment for the new Lexicon development) Occupations moving down the rankings were sales representatives and account managers Most frequently advertised job vacancies in Berkshire, Q Position Occupation 1 Software Developer / Engineer Up 2 Sales Representative Down Change in ranking from Q Computer Support Specialist No change 4 Web Developer No change 5 Secondary School Teacher No change 6 Office / Administrative Assistant No change 7 Project Manager Up (new entry) 8 Customer Service Representative No change 9 Account Manager / Representative Down 10 Retail Store Manager / Supervisor Up (new entry) Source: Labour Insight, Burning Glass Technologies,

30 Key points Communications skills are by far the highest general skill demanded by Berkshire employers Organisational skills are ranked second, and were more frequently cited in job adverts in 2016 than in 2015 English and maths skills were also more likely to be cited in job adverts in 2016 than in 2015 % of all job postings General skills Changing demand Communication Skills Organisational Skills Planning Team Work/ Collaboration Writing Detail-Orientated Problem Solving English Creativity Leadership Research Presentation Skills Mathematics Troubleshooting Quality Assurance and Control Time Management Computer Skills Management Building Effective Relationships Meeting Deadlines Multi-Tasking Articulate Mentoring Team Building Analytical Skills Self-Starter Decision Making Positive Disposition Project Planning and Developmen File Management General skills in highest demand in Berkshire, 2015 and 2016 Source: Labour Insight, Burning Glass Technologies,

31 Key points Customer service skills topped the specialist skills ranking for the second year in a row, followed by business management and Excel skills Excel, Accountancy and Teaching skills were the biggest movers in terms of the % of job adverts specifying them as a requirement between 2015 and 2016 Telecommunication skills were the biggest faller, cited in 3.8% of job adverts in Berkshire in 2016 compared with 5.4% in 2015 % of all job postings Specialist skills Changing demand Customer Service Business Management Microsoft Excel Sales Project Management SQL Microsoft Office Product Sales Business Development Microsoft Windows Marketing Sales Contract Management Customer Contact Key Performance Indicators Accountancy Information Technology Industry Experience JavaScript Teaching Microsoft C# Budgeting LINUX Telecommunications Oracle Technical Support JAVA Repair Invoicing Sales Management Microsoft Powerpoint Sales Recruiting Specialist skills in highest demand in Berkshire, 2015 and 2016 Source: Labour Insight, Burning Glass Technologies,

Javascript, Microsoft C#, LINUX and JAVA Computing skills in highest demand in

32 Key points Microsoft Excel skills remain the most commonly sought computing skill of Berkshire employers Programming languages in highest demand in 2016 are SQL, Javascript, Microsoft C#, LINUX and JAVA Computing skills in highest demand in Berkshire, 2015 and 2016 Source: Labour Insight, Burning Glass Technologies,

33 The following labour market and business research publications can be found on the Thames Valley Berkshire LEP website, here: Other research publications Apprenticeships in Berkshire Business in Berkshire Berkshire Economic Update LMI for Schools Thames Valley Berkshire Skills Priority Statement Impact of the Apprenticeship Levy 33

THAMES VALLEY BERKSHIRE LABOUR MARKET UPDATE JANUARY 2016

THAMES VALLEY BERKSHIRE LABOUR MARKET UPDATE JANUARY 2016 Overview Overall, there has been little change in the Berkshire labour market over the last quarter, with employment and unemployment rates unchanged.