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Local Economic Assessment


On Thursday 28th March, the Economy and Culture Team delivered a workshop to public, private and the third sector partners to gather their input for the new Local Economic Assessment (LEA). 


The LEA is a strategic document which provides a comprehensive analysis of the economic and social factors affecting the local area. It will develop a strong evidence base for public policy, future strategies and funding opportunities.


The workshop received very good feedback from these sectors on the following key areas: 


  • What we should be including
  • What data sources are available
  • How the next document should be presented and styled

For further information please contact Lewis Campbell, Economic Development Manager at  the Economy & Culture Team.


Workshop

Skills & Economic Growth Board


The Skills & Economic Growth Board was held on 4th March 2019.


The key topics included:


  • Agreeing the Terms of Reference
  • An update on the Skills Agenda & Skills Strategy
  • An update on the Economic Development Strategy
  • A presentation on ‘Skills and SME’s’ delivered by the FSB (the Federation of Small Businesses)

The next Skills & Economic Growth Board is due 15th April


Unemployment in Milton Keynes


Each month, we publish a report on Unemployment within Milton Keynes. Please see below some headline figures:


  • In February 2019, the Unemployment Rate in Milton Keynes (1.6%) was lower than the National (UK) rate of 2.6% and the regional (South East) rate of 1.7%
  • There were 2,670 individuals in Milton Keynes claiming Universal Credit who were also registered as ‘out of work’.
  • February 2019 saw 75 fewer claimants than in February 2018.

The full details of the report can be found here.


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