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Unemployment rise a 'cause for concern'

Business leaders in Coventry and Warwickshire say the rise in unemployment in the region is a growing cause for concern.

Unemployment rise a 'cause for concern'

In the month to February, the claimant count in Coventry grew from 5,195 to 5,805 and in Warwickshire it rose from 5,815 to 6,395.

Louise Bennett, the chief executive of the Coventry and Warwickshire Chamber of Commerce, said the general mood among the region’s businesses was positive and that the economy was robust but that the latest figures could not be ignored.

She said: “Our economy in Coventry and Warwickshire remains strong and the majority of businesses are still upbeat about their prospects.

“Of course, there is still uncertainty of the date we are supposed to be officially leaving the EU and it is vital that we avoid a messy, disorderly Brexit.

“The rise in the claimant count is a growing cause for concern and it’s vitally important that we ensure that we have the skill base in our economy to meet the needs of businesses who want to grow and that they are provided with the certainty they need to invest.

“If we can get some clarity on where we are heading with Brexit, it will hopefully give the Government the opportunity to start addressing some of the fundamentals in our economy that will set the conditions for growth.

“We have an incredible cross-section of companies across our patch and with UK City of Culture in 2021 in Coventry and the Commonwealth Games in Birmingham in 2022 we have some amazing opportunities ahead.”

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Phone 024 7665 4321
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Coventry and Warwickshire Chamber of Commerce

Chamber House, Innovation Village

Cheetah Road

Coventry, CV1 2TL

 

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