Insight

The Coventry Economy Key Information

InsightAugust 2014

www.facts-about-coventry.com

Context • Demographics • Deprivation in CoventryCurrent economic picture in Coventry• Production and growth – Gross Value Added• Productivity• Disposable Household Income • Earnings of people in work • Structure of the Coventry economy – employment by industry• Number of businesses• Enterprise – new business formation, business closures • Coventry City Centre – footfall & empty shops• Labour Market – Employment & unemployment, Jobseekers Updated (August 2014),

out-of-work benefits Updated (August 2014)• Qualifications

Click on an item to go directly to that content, alternatively scroll through the slides

All data is current and up to date as of August 2014

Contents

▼ indicates Coventry rate lower than comparator

▲ indicates Coventry rate higher than comparator

● indicates Coventry rate no different to comparator

Black and Minority Ethnic includes all ethnic groups except White British*General Fertility Rate = number of live births per 1,000 women aged 15–44**The ethnic group categories have changed marginally for 2011 Census. In particular ‘Chinese’ is now categorised under ‘Asian / Asian British’ – previously it was in the ‘Other’ category.

The next update of this information is due in July 2015

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DemographicsCoventry West Midlands

RegionEngland Period

    

 

Population and Age            

Total population329,800 5,642,600 53,493,700

2013

Average age (all residents) 34 40 ▼ 40 ▼ 2013

% aged 0 -15 19.8% 19.5% . 19.0% ▲ 2013

% aged 16 - 64 (working age) 65.6% 62.7 % ▲ 63.8% ▲ 2013

% aged 65+ 14.6% 17.7% ▼ 17.3% ▼ 2013

Birth rates            

Number of births 4,495 71,188   664,517   2013

Fertility rate* (15-44) 61.8 64.9 ▼ 62.4 . 2013

Ethnicity            

― % White British 66.6% 79.2% ▼ 79.8% ▼ 2011

% Black and Minority Ethnic 33.4% 20.8% ▲ 20.2% ▲ 2011

― % Other White 7.2% 3.6% ▲ 5.7% ▲ 2011

― % Mixed 2.7% 2.4% ▲ 2.2% ▲ 2011

― % Asian / Asian British** 16.3% 10.8% ▲ 7.7% ▲ 2011

― % Black / Black British 5.5% 3.2% ▲ 3.4% ▲ 2011

― % Other 1.6% 0.9% ▲ 1.0% ▲ 2011

Deprivation in Coventry

• Index of Multiple Deprivation 2010. This uses data from 2008 so measures deprivation just before the recession hit

• Coventry became slightly more deprived between 2005 and 2008 relative to other local authorities

• 50th most deprived local authority (56th in 2005)• Income and employment deprivation most stark in Coventry, no

change in this type of deprivation• Deprivation pattern within Coventry is broadly the same. Familiar

picture, concentrated in the North East• Canley in particular became relatively more deprived, as did Tile Hill

North and Radford. Stoke Aldermoor and North Holbrooks became less deprived, as did NDC area, modestly

Source: Indices of Deprivation 2010, Department for Communities and Local Government

The next update of this information is due in summer 2015. No date set

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See map on Facts about CoventrySee report on Facts about Coventry

Gross Value Added• Gross Value Added (GVA) is a high level indicator of the general heath of the local

economy. It measures the amount Coventry workplaces contribute to the UK economy

• Increases in total Coventry GVA and GVA per head between 2011 and 2012 indicates a local recovery over that period

• Total GVA in Coventry for 2012 was estimated to be £6.13bn, a notable increase from £5.75bn in 2011, £5.80bn in 2010 and £5.50bn in 2009.

• GVA per head is a measure that puts total output of an area in context according to its size. GVA per head in Coventry in 2012 was £18,978, 13% lower than the national average. GVA per head in Coventry is higher than it was at its recessionary low in 2009; after a fall between 2008 and 2009 it has fluctuated up and down since then

• Between 2008 and 2012 GVA per head in Coventry has grown modestly by 3% in total, similar to the national growth over that period

• GVA per head had been flat for some pre recession years. In 2012 it was at about the same level as it was in 2005

• In 1997 GVA per head was higher than the national average but has grown since then by only 34% compared to 68% nationally

• GVA per head is higher in Coventry than in areas considered appropriate to compare with (CIPFA statistical neighbours), see the charts below. Long term growth in these areas has been a little faster however, closing the gap

Source: Office for National Statistics Back to Contents page

Gross Value Added per head

The next update of this information is due December 2014

Back to Contents pageSource: Gross Value Added (Income Based) by NUTS3 areas, ONS December 2013

£0

£5,000

£10,000

£15,000

£20,000

£25,00019

97

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

GVA per resident

(£ per year)

Gross Value Added per head1997-2012

£21,937 England up 68% from 1997 £21,324 Warwickshire

up 57% from 1997

SOURCE: ONS December 2013

£18,978 CoventryUp 34% from 1997

£15,652 Coventry's

comparator areasup 54% from 1997

Gross Value Added per head

The next update of this information is due December 2014

Back to Contents pageSource: Gross Value Added (Income Based) by NUTS3 areas, ONS December 2013

£12,608

£13,288

£13,310

£14,356

£15,700

£15,705

£15,873

£16,022

£17,176

£18,304

£18,978

£21,324

£21,937

£22,690

£24,039

0 5 000 10 000 15 000 20 000 25 000 30 000

Dudley

Greater Manchester North

Walsall

Medway

Calderdale and Kirklees

Bradford

Comparator average

Hartlepool and Stockton-on-Tees

Stoke-on-Trent

Wakefield

Coventry

Warwickshire

England

Peterborough

Derby

GVA per resident (£ per annum)

Coventry comparator areas: GVA per head 2012

Blue = Coventry CIPFA comparator areas (best fit)

SOURCE: ONS December 2013

Productivity• Gross Value Added (GVA) per head puts the output of an area in context given

its population size. It is not considered to be the best measure of the productivity of its businesses because it doesn't account for differing patterns of commuting, and differing employment and unemployment rates between different areas

• Productivity at workplaces in a particular area is most accurately estimated using different indicators; GVA per filled job and GVA per hour worked

• The data gives an indication that productivity at workplaces in Coventry was slightly higher than the UK average in 2004 but has been falling progressively further behind the UK since 2004, up to 2011.

• Much of this fall occurred up to 2008, before the national economic downturn. There has been a stabilisation in Coventry's productivity relative to the UK between 2011 and 2012

• In 2012 GVA per hour worked in Coventry was 12.5% lower than the UK average

• In 2004 productivity at Coventry workplaces was notably higher than in Birmingham and Warwickshire but has fallen to be lower than those areas

• The industrial structure of Coventry's economy has changed since 2004; this may have contributed to the pattern of falling productivity relative to the UK

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Productivity

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50.0

60.0

70.0

80.0

90.0

100.0

110.0

2004 2005 2006 2007 2008 2009 2010 2011 2012

INDEX. Gross Value Added per hour

worked in relation to

the UK average. UK = 100

Gross Value Added per hour worked. Coventry compared to the UK & other local areas

Coventry Warwickshire West Midlands county

UK = 100

Disposable Household Income

• Disposable income is the amount of money a household has available to spend or save after income is redistributed through measures such as taxes and benefits

• Put broadly, it is the amount of money available to domestic households – it totaled £4.3bn across all Coventry households in 2012 compared to a total GVA of £6.1bn

• The 2012 Gross Disposable Household Income (GDHI) per head for Coventry was £13,374, below that of Warwickshire (£17,782), the UK average (£16,791) and the average for all metropolitan districts (£14,120). Between 2011 and 2012 Coventry growth was 1.8%, lower than the national average of 3.3%

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Disposable Household Income

• Over the last decade GDHI per head in Coventry has grown slower than it has in Warwickshire and the UK overall, having seen a 32% increase between 2001 and 2012 compared to 40% and 41% respectively

• Between 2008 and 2012 Coventry GDHI per head grew by 12%, similar to the Warwickshire growth rate and national average growth

• Annual growth rates in Coventry’s household income per head have slowed since 2010

• Real household disposable income (RDHI) is gross disposable income adjusted for the effects of inflation. In 2010 Coventry residents had the same average real household disposable income as in 2005, although they were worse off between 2006 and 2008

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Gross Disposable Household Income

The next update of this information is due June 2015

Source: Regional Gross Disposable Household Income 2012, Office for National Statistics Back to Contents page

£0

£2,000

£4,000

£6,000

£8,000

£10,000

£12,000

£14,000

£16,000

£18,000

£20,000

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

GDHI per resident

(£ per year)

Gross Disposable Household Income per head

1997-2012£16,791 UK up 41% from 2001

£17,782Warwickshire up 40% from 2001

SOURCE: ONS June 2014

£13,374 CoventryUp 32% from 2001

£14,120 All metropolitan districts* up 36% from 2001

*The local authorities within the ex Metropolitan Council areas of West Midlands, Greater Manchester, Merseyside, Tyneside, South Yorkshire and West Yorksihre

Real Disposable Household Income

Growth in Real Households' Disposable Income

-0.6

%

2.5%

-1.2

%

0.9%

0.6%

-0.8

%

0.0% 0.

3%

0.7%

3.3%

-0.3

%

1.5%

1.2%

0.3%

1.6%

0.1%

-0.4

%

-0.3

%

-0.5

%

0.9%

-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

2006 2007 2008 2009 2010

Coventry per head

United Kingdom per head

Coventry (Total)

United Kingdom (Total)

The next update of this information is due: date unknown

Source: Regional Gross Disposable Household Income 2010 , Office for National Statistics Back to Contents page

Earnings of people in work• The average (median) annual wage in 2013 (before tax) of all people

who work in Coventry was estimated to be £24,800, 15% higher than the average for all Coventry residents - £21,500

• These groups overlap of course but many people commute into Coventry to work. Net commuting to Coventry increased between 2012 and 2013

• Those who work in Coventry, on average, earn an estimated 11% more than the England average of £22,200

• Starting from a lower base, the average annual growth in earnings between 2008 and 2012 for residents of Coventry was higher than the average growth amongst those who work in Coventry and higher than the England average.

• The significant increase in the average earnings of Coventry workers between 2012 and 2013 (estimated around 9%) now means the average workplace wage growth has outstripped the average amongst residents

• This analysis does not account for the effect of inflation on the spending power of earnings. In general prices have been rising faster than earnings in recent years

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Earnings of people in work

The next update of this information is due: December 2014

Back to Contents page

£0

£5,000

£10,000

£15,000

£20,000

£25,000

2008 2009 2010 2011 2012 2013

Median gross annual earnings

(£s)

Average annual earnings of all in employment 2008 - 2013

People who live in Coventry England People who work in Coventry

source: Annual Survey of Hours and Earnings, ONS

Employment by industry

• The largest broad sector of the Coventry economy is public administration, education and health which employs approximately 48,500 people in Coventry, about a third of all employment.

• Employment in this sector increased between 2011 and 2012 particularly due to employment growth in secondary education, higher education, ‘general public administration’ and hospital activities

• In recent years manufacturing has seen a slow decline after significant reductions in manufacturing employment experienced in the 1990s and 2000s before the recession. In 2012 manufacturing made up about 10% of employment in the city (England 8%), down from around 25% in 1999.

• However 2012 appears to have stemmed the decline with around 200 more manufacturing jobs than in 2011 – particularly a result of growth in the automotive sector

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Employment by industry

• The banking, finance and insurance sector grew significantly between 1998 and 2008, employing an increasing number of people in Coventry. This sector continued to grow between 2009 and 2012, more slowly than previously. It makes up 20% of all employment at Coventry workplaces compared to an England average of 22%

• The construction industry employed around 3,000 people in Coventry in 2012 making up 2% of all employment compared to 4.5% across England on average. Employment has fallen in this industry in recent years particularly due to losses in specialist construction activities like joinery and electrical installation

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Employment by industry – Coventry workplaces

Source: ONS Business Register and Employment survey 2012, NOMIS

The next update of this information is due: October 2014

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0% 10% 20% 30% 40% 50%

Energy and water

Manufacturing

Construction

Distribution, hotels and restaurants

Transport and comms.

Banking, finance and insurance

Public admin., education and health

Other Services

Employment by industry 2012

Coventry

England

Employment by industry

This data must not be compared to the 1998-2008 data on the next slide, they are from different sources

The next update of this information is due: October 2014

Back to Contents page

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

2009 2010 2011 2012

Estimated no. in employment

(employees andworking proprietors)

Coventry workplace employment by industry 2009 - 2012

Manufacturing

Construction

Distribution, hotels and restaurants

Transport and comms.

Banking, finance and insurance

Public admin., education and health

Other Services

Other

source: Business Register and Employment Survey, ONS

Employment by industry

Source: Annual Business Inquiry 1998-2008, NOMISBack to Contents page

Coventry workplace employment by industry 1998-2008

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

Estimated no. of employees

Manufacturing

Construction

Distribution, hotels and restaurants

Transport and comms.

Banking, finance and insurance

Public admin., education and health

Other Services Other

Number of businesses

Year

Number of new business

start- ups in Coventry

Number of business

closures in Coventry

2004 1,075 895

2005 1,170 780

2006 1,010 740

2007 1,160 915

2008 1,160 955

2009 855 1,095

2010 965 1,065

2011 1,125 990

2012 1,090 1,005

Source for data table: Business Demography 2012; ONS

• In 2013 an estimated 7,405 businesses were active in Coventry (this does not include multiple branches of the same enterprise)*.

• Three quarters of these are small businesses employing fewer than 5 people

• The number of new businesses in Coventry in 2012 continued to be greater than the number of closures and so the total number if businesses operating in the city increased

• However, 2012 saw a minor fall in the number of formations and a minor increase in closures, so the rate of growth slowed a little

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The next update of this information is due: December 2014

*Source: UK Business: Activity, Size And Location - 2013 ; ONS. The source for this figure is different from the source used for figures reported in previous editions.

New business formation

• An estimated 1,090 new business registered in Coventry in 2012, a similar number to 2011. The rate of business formation stabilised in 2012 after an increasing trend over the previous two years

• The rate is 42 new businesses per 10,000 adults, compared to the England average of 55. The Coventry rate is very similar to the average for other metropolitan areas

• Post recession, the rate of business formation in Coventry is still however 11% lower than 2008 levels. This fall was experienced between 2008 and 2009 with some recovery since

• This is compared to a drop of 2% across England overall and 3% on average amongst all metropolitan areas

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Business formation

The next update of this information is due: December 2014

Back to Contents page

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

2004 2005 2006 2007 2008 2009 2010 2011 2012

Number of business 'births' per 10,000 people aged 16+

England 55.3

All metropolitan authorities 42.3

Coventry 42.1

source: Office for National Statistics

Source: Business Demography 2012; ONS

Business closures

• An estimated 1,005 Coventry businesses closed during 2012, a similar number to 2011

• The rate of closure is still higher than it was in 2006. However closures have become increasingly less common every year since 2009, the recessionary peak

• The rate is 39 businesses closures per 10,000 adults, compared to the England average of 52. The Coventry rate is also a little lower than the average for other metropolitan areas – the business population of Coventry is growing a little faster than it is on average across other similar areas

• With lower rates of business formation and also lower rates of business closure, Coventry has a business population than changes a little slower than on average across England, there is less ‘churn’

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Business closures

The next update of this information is due: December 2014

Back to Contents pageSource: Business Demography 2012; ONS

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

2004 2005 2006 2007 2008 2009 2010 2011 2012

Number of business 'deaths' per 10,000 people aged 16+

England 51.6

All metropolitan areas 41.4

Coventry 38.8

source: Office for National Statistics

City Centre Footfall• In the financial year ending 31st March 2014 Coventry City Centre footfall

was up 0.4% compared to the previous financial year • Nationally footfall was down by slightly by 0.2% on average over the same

period• There are variations in the trend of footfall between different areas of the

City Centre

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2.2%

-0.2

%

-5.3

% -2.2

%

1.9%

-2.5

%

-2.9

%

-2.1

%

0.4%

-4.8

%

-0.6

%

-1.0

%

-2.0

% -0.2

%

-1.2

%

-3.2

%

-3.8

%

-0.2

%

-10%-8%-6%-4%-2%0%2%4%

2006 2007 2008 2009 2010 2011 2012 2013 2014(year to

date,quarter

2)

Including Upper Precinct, Lower Precinct, West Orchards, Market Way, Smithford Way, City Arcade, Hertford Street and Priory Place cameras (Spon Street not included from May 2011)

Footfall (year-on-year)

CityCentre

UK Index

The next updates of this information are due: October 2014 and January 2015

City Centre Void Units• During the last quarter, quarter 2 2014, the number of empty shops decreased by 2 to

a total of 55, with 7 new voids and 5 newly occupied units• This is a continuation of a falling trend in the number of empty units since it peaked at

a high level of 65 in q3 2013• The rate of vacancies is higher than the national average. The national vacancy rate

was last available for the first quarter of 2014. The vacancy rate in Coventry in q1 2014 was 14.7% of prime retail ground floor units compared to 11.0% nationally

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The next updates of this information are due: October 2014 and January 2015

City Centre Retail Voids

1722 19

1321

26 24 22 2436

41 41 4247 46 45

67 69 6859 59

50 4838 39 42 44 44 44 47

5748

56 5865

60 57 55

0

10

20

30

40

50

60

70

80

2005

Q1

2005

Q2

2005

Q3

2005

Q4

2006

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2006

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Q4

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Q2

2007

Q3

2007

Q4

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Q3

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Q4

2010

Q1

2010

Q2

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2011

Q1

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Q2

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Q4

2012

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2013

Q1

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Q2

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Q3

2013

Q4

2014

Q1

2014

Q2

Reta

il vo

ids

See detailed report on Facts about Coventry

Labour MarketApril 2013 – March 2014 data

• The working age residents of Coventry (aged 16 – 64) make up about two thirds of the total population. About two thirds (66%) of working age residents of Coventry are in employment, lower than the national average employment rate of 72%

• The relatively high inactivity rate, partly due to Coventry being resident to many students, is one reason why the employment rate is low

• The employment rate of 66% is down from 71% in 2007 before the recession; around 5,000 fewer in employment

• About 137,900 people are in employment, 12,300 are unemployed and 62,500 people are economically inactive (e.g. long term sick, full time student, looking after family / home etc.)

• While the employment rate is still lower than it was before the recession, there are some indications of recovery in Coventry. We await future survey results for confirmation of a consistent trend of recovery. Inconsistent patterns in the changing levels of economic activity may be affecting the recovery in the number of residents in employment

• The total number of jobs based at Coventry workplaces has increased since the recession – but the employment rate amongst residents is not recovering as consistently – more commuters

• Unemployment is still higher than pre-recession levels, as is economic inactivity amongst residents (partly due to increasing student numbers).

Back to Contents pageSource: ONS Annual Population Survey April 2013 – March 2014, NOMIS

Labour Market

The next updates of this information are due: October 2014 and January 2015

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56.7%

8.6%

4.1%

1.8%

6.6%

1.7%

21.5%

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%

Percent of working age population

Economic status of Coventry's working age population April 2013 - March 2014

Coventry England

Source: Annual Population Survey, ONS - NOMIS Jul 2014

Includes non-employed students

Employees

Self employed

Jobseekers Allowance

Other unemployed

ESA / Incapacity benefit

Lone parent claiming Income Support *

Others

*the main reason why the person is inactive and claiming benefitsPercentages here don't always sum exactly to 100 due to small discrepencies in the estimates taken from the survey

Economically active70%

(England 77%)

Economically inactive30%

(England 23%)

Unemployment• The official unemployment rate estimates the number of people who

are out of work and have actively sought work in the last 4 weeks. It is measured using a survey, the Labour Force Survey

• Using this definition, an estimated 12,300 Coventry residents aged 16+ are unemployed (Apr. 2013 – Mar. 2014); an unemployment rate of 8.1% of the economically active population compared to the England average of 7.1%. This rate should not be compared to the JSA rate

• The recently published data gives an indication that unemployment amongst residents has been on downward trend recently

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Jobseeker’s Allowance (JSA)

• The Jobseeker’s Allowance (JSA) claimant count is not a direct measure of unemployment although it has historically been used as an up to date indicator of the changing unemployment level. However it can no longer be considered a reliable way of monitoring unemployment because of the changing conditions for claiming the benefit and the current regime of sanctions which is causing some claimants to stop their claim. It is not possible to know how much of the reducing trend in JSA is due to a falling level of unemployment and how much is due to the changing way it is being administered.

• 6,613 claimants of Jobseeker’s Allowance (JSA) in July 2014, a large reduction from July 2013. The seasonally adjusted JSA claimant rate is 3.1% of the working age population (July 2014). The JSA claimant count peaked at 11,570, 5.8% in October 2009

• JSA rate in July 2014 (seasonally adjusted); 2.5% across UK, 3.0% across the West Midlands region and 1.4% in Warwickshire

• It now seems that the falling trend in the claimant count has been greatly a result of people stopping claiming due to the new regime of sanctions (for not complying with conditions) introduced in October 2012 - and less so a result of falling unemployment amongst residents

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Read about JSA sanctions on Facts about Coventry

JSA trends

• By July 2014, the Jobseeker’s Allowance (JSA) claimant rate amongst Coventry residents was continuing on its steeply downward trend, reaching 6,613 claimants

• There was a fall in the claimant count in the month between June and July 2014 – 139 fewer claimants in July

• At the end of 2013 the overall claimant count in the city dipped below 8,000 residents for the first time since the end of 2008. The seasonally adjusted JSA count has been on a broadly downward trend from the end of 2011

• The claimant count is now about 2,500 (28%) lower than it was at the same time last year – although this is a slightly slower rate of decrease than the national average (30%)

• The claimant count in Coventry is now at about the same level it was at pre-recession – although we know overall unemployment is still higher than pre-recession levels

• It now seems that the falling trend in the claimant count has been greatly a result of people stopping claiming due to the new regime of sanctions (for not complying with conditions) introduced in October 2012 - and less so a result of falling unemployment amongst residents

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See JSA report on Facts about Coventry

Read about JSA sanctions on Facts about Coventry

Jobseeker’s Allowance (JSA) claimant count trends

Back to Contents page

July 2013: JSA rates for all periods in the chart have been adjusted as a result of a change in the working age population denominator. In light of the Census 2011 results, revised population estimates for 2002 – 2010 were published by the ONS. July 2014: new mid-year population estimates for 2013 were released which have been used to calculate the rates from Jan. 2013 onwards.

Updates for this statistic are published by the ONS on a monthly basis

1.4%

2.5%

3.1%

3.0%

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

5.5

6.0

6.5

JFMAMJ JASONDJFMAMJ JASONDJFMAMJ JASONDJFMAMJ JASONDJFMAMJ JASONDJFMAMJ JASONDJFMAMJ JASONDJFMAMJ J

2007 2008 2009 2010 2011 2012 2013 2014

% of resident working age population

JSA Count rates since 2007seasonally adjusted

Coventry

W Midlands Region

Warwickshire

United Kingdom

Banking crisis

JSA claimant count

Source: Jobseeker’s Allowance claimant count, ONS, NOMIS

Updates for this statistic are published by the ONS on a monthly basis

See map report on Facts about Coventry

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0500

1,0001,5002,0002,5003,0003,5004,0004,5005,0005,5006,0006,5007,0007,5008,0008,5009,0009,500

10,00010,50011,00011,50012,00012,500

J FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ JASONDJ FMAMJ J

2007 2008 2009 2010 2011 2012 2013 2014

JSA Claimant

Count

COVENTRY JSA COUNT Seasonally Adjusted

Total out of work benefits claimants• On average there were 26,600 people claiming an out of work benefit during

the period April 2013-March 2014, 12.3% of the working age population (metropolitan areas average 14.3%, England average 10.5%). This is a significant fall of 500 claimants compared to the last period, the year ending December 2013

• This mainly includes Jobseeker’s Allowance (JSA) claimants, Incapacity Benefit or Employment and Support Allowance claimants and lone parents claiming Income Support

• In Coventry the significant fall in the total number claiming out of work benefits between 2010 and 2012 was one of the largest falls in the country, much larger than the average for metropolitan areas. However, there was not clearly an increase in employment amongst residents in that time; there are an increasing number of residents who do not have a regulat income for paid work or out-of-work benefits

• This falling trend has continued since 2012, although the 2012 to 2014 fall has not been exceptional compared to other local authorities

• There has been a falling trend in the claimant count for all main benefits. This falling trend has been seen most significantly in the JSA claimant count and in a sustained reduction in the number of lone parents claiming Income Support. Eligibility criteria for lone parents to claim Income Support has been gradually changed in recent years. Welfare reform in general is influencing the trends

• The % of Coventry residents who claim out of work benefits is now lower than it was before the recession

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Key out-of-work benefits claimants - %

Source: DWP Work and Pensions longitudinal study, NOMIS

The next updates of this information are due: November 2014

See map report on Facts about Coventry

July 2013: All benefit claimant rates for all periods in the chart have been adjusted as a result of a change in the working age population denominator. In light of the Census 2011 results, revised population estimates for 2002 – 2010 were published by the ONS. July 2014: new mid-year population estimates for 2013 were released which have been used to calculate the rates from Jan. 2013 onwards.

Total

Other Lone Parents

Incapacity Benefits / ESA

JSA

3.7

3.7

3.7

3.6

3.4

3.3

3.3

3.5 3.9 4.4 5.0 5.4

5.4

5.3

5.2

5.0

4.8

4.8

4.9

5.0

4.9

4.8

4.7

4.6

4.5

4.4

4.2

4.1

3.8

7.6

7.5

7.5

7.5

7.3

7.3

7.3

7.3 7.

3 7.3 7.

3 7.3

7.2

7.2

7.2

7.2

7.0

7.0

7.0

7.0

6.8

6.8

6.8

6.7

6.5

6.4

6.4

6.4

6.4

2.8

2.8

2.8

2.8

2.7

2.7

2.7

2.7 2.

7 2.7 2.

6 2.6

2.5

2.5

2.5

2.4

2.3

2.2

2.1

2.1

2.0

2.0

1.9

1.9

2.3

1.7

1.7

1.7

1.6

14.5

14.5

14.5

14.3

13.9

13.8

13.8

14.0

14.4 14

.9 15.5

15.9

15.7

15.6

15.4

15.2

14.7

14.6

14.6

14.6

14.2

14.1

13.9

13.7

13.2

13.0

12.7

12.5

12.3

0.01.02.03.04.05.06.07.08.09.0

10.011.012.013.014.015.016.017.018.0

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

2007 2008 2009 2010 2011 2012 2013 2014

Rates - % of working age population

12 month period ending..

COVENTRY: People on out-of-work benefits - 4 quarter average

JSA IB / ESA Lone Parents on IS Others

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Qualifications of residents

• It is estimated that 30% of working age residents of Coventry have higher level qualifications, those equivalent to or higher than a foundation degree. This is similar to the regional average but lower than the national average (35%) and lower than Warwickshire (39%)

• 16% have no qualifications, higher than the England average (9%)

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Qualifications

Source: ONS Annual Population Survey Jan 2013 – Dec 2013, NOMIS

The next update of this information is due: April 2015

See map report on Facts about Coventry

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16% 14% 9% 10%

7% 7%6% 7%

11% 12%12% 10%

17% 18%17% 16%

21% 21%21%

20%

30% 28%35% 39%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Coventry West MidlandsRegion

England Warwickshire

% of working age population by qualification

level

Qualification levels 2013

NVQ4

NVQ3

NVQ2

NVQ1

Other

None

Sources

Population by age – Mid-year population estimates, Office for National Statistics (ONS)

Birth rates - Birth summary tables, England and Wales 2013 (final), Office for National Statistics

Population by ethnic group - Census 2011, Office for National Statistics

Deprivation in Coventry - Index of Multiple Deprivation, Department for Communities & Local Government

Gross Value Added - Regional Gross Value (Income Approach), Office for National Statistics

Productivity - Gross Value Added per hour worked, Office for National Statistics

Disposable Household Income - Regional Gross Disposable Household Income (GDHI), Office for National Statistics

Earnings of people in work - Annual Survey of Hours and Earnings, ONS, www.nomisweb.co.uk

Employment by industry - Business Register and Employment Survey (BRES), ONS, www.nomisweb.co.uk

Number of businesses - UK Business: Activity, Size and Location – 2013, Office for National Statistics

Business formation & closures - Business Demography, Office for National Statistics

City Centre Footfall - Insight, Coventry City Council, & Experian Footfall

City Centre Void Units - Insight, Coventry City Council & Springboard

Labour Market - Annual Population Survey, ONS, www.nomisweb.co.uk

Unemployment - Annual Population Survey, ONS & JSA claimant count, www.nomisweb.co.uk

Jobseeker’s Allowance (JSA)

claimant count - Office for National Statistics & Jobcentre Plus, www.nomisweb.co.uk

Total out of work benefits claimants - Work & Pensions Longitudinal Study, DWP, www.nomisweb.co.uk

Qualifications - Annual Population Survey, ONS, www.nomisweb.co.uk

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Insight

www.facts-about-coventry.com

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