Agenda item

Shabnam Ali, Economic Development Policy Officer, outlined a report to provide an update on the Economic Downturn as requested previously at the Committee meeting on 10^th November 2010.

It was highlighted that unemployment in April 2011 was 3.9%, compared to 2.5% in the South-East of England and 3.7% nationally.  This reflected an increase to 3,343 residents, up by 169 residents from November, 2010.  It was noted that of those claiming job seekers allowance, 2350 people had been unemployed for up to six months and 630 people for between 6 and 12 months.  The number of claimants over 12 months had risen to 360 and it was felt that it was long term unemployment which would have potential serious and deep societal impacts. 

The Committee noted the provision of employment support, the availability of new jobs and the establishment of the Thames Valley Berkshire Local Enterprise Partnership.  The Officer concluded that the Slough economy was recovering at a very steady rate but much uncertainty and concern about real economic stability and growth remained. 

The Committee asked a number of questions regarding the measures being taken to encourage retailers to come to Slough and the proportion of jobs which were filled by local residents.  The Committee also discussed the skills mix in Slough and the importance of ensuring that 16-24 year olds were encouraged to engage with the voluntary sector.  The Chief Executive suggested that a systematic approach to voluntary work could be considered.

It was agreed that a table of current statistics would be circulated to the Committee together with details of the number of persistent unemployed residents in Slough.  It was also agreed that details of the number of job vacancies generated by the Heart of Slough schemes would be provided to the Committee in respect of the number of local permanent contractors.

Resolved – That the report be noted.