Published: October 2014
Unemployment is an important indicator of the state of the economy. There are several measures which can be used to show levels of unemployment and economic inactivity:
In September 2014, 1.1% of people in Somerset aged 16-64 were claiming Jobseekers Allowance (JSA). Claimant count unemployment in Somerset has decreased by 0.2 percentage points since June 2014 and by 0.6 since September 2013. Sedgemoor has the highest claimant rate in Somerset (1.7%) and South Somerset has the lowest (0.8%). Over the last year, claimant rates have dropped in all Somerset’s districts.
% of residents aged 16-64 claiming Jobseekers Allowance (JSA)
Area | Current claimant rate (%) | Qtrly change (June-Sept 2014) | Annual change (Sept 2013-2014) |
Somerset | 1.1 | -0.2 | -0.6 |
Mendip | 1.0 | -0.1 | -0.5 |
Sedgemoor | 1.7 | -0.2 | -0.7 |
South Somerset | 0.8 | -0.2 | -0.6 |
Taunton Deane | 1.2 | -0.2 | -0.7 |
West Somerset | 0.9 | -0.1 | -0.6 |
Heart of the South West LEP | 1.3 | -0.2 | -0.7 |
UK | 2.3 | -0.2 | -0.9 |
Source: Claimant count with rates and proportions, NOMIS 2014
Somerset has a consistently lower claimant rate than the UK and Heart of the South West LEP area.
Somerset’s claimant rate is steadily declining and is now approaching the low levels seen before the recession began in 2008.
ILO unemployment in Somerset stood at 4.7% in June 2014, lower than in the Heart of the South West LEP area (5.9%) and UK as a whole (7%). Unlike claimant rate, Somerset’s unemployment rate has increased over the last year. Available data shows Sedgemoor has the highest unemployment rate of all the districts (8.3%).
% of residents aged 16-64 who are unemployed
Area | Current unemployment rate (%) | Qtrly change (March-June 2014) | Annual change (June 2013-2014) |
Somerset | 4.7 | -0.3 | 0.5 |
Mendip | 5.1 | -1.0 | 1.0 |
Sedgemoor | 8.3 | 0.5 | 2.9 |
South Somerset | 3.1 | 0.2 | -2.7 |
Taunton Deane | 2.9 | -0.5 | N/A |
West Somerset | N/A | N/A | N/A |
Heart of the South West LEP | 5.9 | 0.3 | 0.8 |
UK | 7.0 | -0.3 | -1.0 |
Source: Annual population survey, NOMIS 2014 (Data unavailable where the sample size is disclosive).
Somerset’s unemployment rate is consistently lower than the national level. After peaking at 8% in December 2010, the general trend has been downwards but fluctuations in the last year show the rate increasing slightly. Over the same period, the UK unemployment rate remained constant, with signs of a declining trend from September 2013.
Somerset’s economic inactivity rate is lower than nationally but there are variations within the County. West Somerset has the highest proportion of economically inactive residents (33.5%), which reflects the older age profile of the area in terms of more retirees. South Somerset has the lowest economic inactivity rate (17.7%) whereas Taunton Deane has the highest proportion of inactive residents who want a job (27.9%).
Area | Current economic inactivity rate (%) | Qtrly change (March-June 2014) | Annual change (June 2013-2014) | % of economically inactive who want a job | Qtrly change (March-June 2014) | Annual change (June 2013-2014) |
Somerset | 21.0 | 0.5 | 0.6 | 23.6 | 0.9 | -4.6 |
Mendip | 27.1 | 1.6 | 8.9 | 26.5 | 2.3 | 4.6 |
Sedgemoor | 19.7 | 1.1 | -1.7 | 25.8 | 1.4 | -4.8 |
South Somerset | 17.7 | 1.0 | -2.0 | 19.4 | -1.8 | -14.0 |
Taunton Deane | 17.8 | 0.2 | -2.6 | 27.9 | -2.1 | -0.8 |
West Somerset | 33.5 | -5.9 | 4.9 | 13.7 | N/A | N/A |
LEP | 21.1 | -0.2 | 0.2 | 28.4 | 0.3 | 1.3 |
UK | 22.7 | 0.0 | -0.2 | 24.6 | 0.3 | 0.2 |
Source: Annual population survey, NOMIS 2014. NB. Some data unavailable due to small sample size.
70.5% of working age people in Somerset are qualified to at least Level 2 on the National Qualifications Framework (equivalent to 5 GCSEs at grades A* to C), higher than the national average of 67.3%.