1. CONTENTS & INTRODUCTION (download 300KB)
Purpose of the review
Background
Methodology
2. THE LABOUR MARKET CONTEXT (download 123KB)
The national economic climate
The South West - A summary of the 2004 report
3. THE REVIEW
- BROAD OUTCOME INDICATORS (download 5.26MB)
Output and productivity in the region
Economic activity in the region
Population and migration
4. THE REVIEW
- CLOSER TO POLICY INDICATORS (download 198KB)
Business generation, enterprise and innovation
Labour market turnover
Redundancies
Vacancies and skills
5. THE REVIEW
- LEARNING AND TRAINING (download 201KB)
Participation in learning and training
Workforce qualifications
Skills for Life and NEETS
6. SUMMARY OF THE REGION (download 72KB)
ANNEXES (download 132KB)
Annex 1: Original HLRM structure
Annex 2: LSC targets
Glossary of terms
Abbreviations
Tables
Table 1: Review Structure
Table 2: Summary of indicator analysis
Table 3: Total GVA at current basic prices by region, 2003
Table 4: GVA per hour worked, indexed (UK=100) by region, 1996 - 2003
Table 5: GVA per filled job, indexed (UK=100) by region, 1996 - 2003
Table 6: Growth in employment by region
Table 7: Employment growth in the South West
Table 8: Enterprises in the South West, 2003
Table 9: Percentage of working age in employment working part-time or
in temporary employment, South West, 2003
Table 10: Industrial employment structure in the South West, 2003
Table 11: Industry contributions to GVA1 growth: 1995 to 20012, percentages
Table 12: Industrial employment projections to 2012
Table 13: Employment by occupation, South West, 2003
Table 14: Occupational employment projections to 2012, South West & UK
Table 15: Working days lost through industrial disputes per 1,000 employees
by region, 1998 - 2002 49
Table 16: Sickness absence rates of residence and workplace not seasonally
adjusted, by region, Spring 2004
Table 17: VAT registered businesses still trading three years from first
registration
Table 18: Starts to Apprenticeships & Advanced Apprenticeships, Aug
2004/Jan 05
Table 19: Student numbers in South West HEIs, 2003/04
Table 20: Qualifications of the working age population by region, 2003
Table 21: Qualifications of the working age population in the South West,
2003
Table 22: Qualifications of the working age population & the economically
active population, South West & England, 2003
Table 23: Original HLMR Structure
Figures
Figure 1: Total GVA (£bn) at current basic
prices by region, 1989 to 2003
Figure 2: South West total GVA at current basic prices by NUTS 3 areas,
2002
Figure 3: GVA at basic prices per head & indexed (UK=100), by region
2003
Figure 4: South West GVA at basic prices per head by NUTS 3 areas, 2002
Figure 5: Decomposition of regional GDP per capita gap with UK average
by region, 1999
Figure 6: Manufacturing capital expenditure per worker & manufacturing
GDP per worker by region, 1997
Figure 7: Percentage of the working age population economically active
by region, 2003
Figure 8: Economically active population in the South West, 2003
Figure 9: Economic activity amongst males & females, South West & England,
2003
Figure 10: Working employment rate by region, 2002 & 2003
Figure 11: Working age employment rate in the South West, 2002 & 2003
Figure 12: Job density in the South West, 2003
Figure 13: Percentage of those of working age in employment who are self-employed
by region, 2003
Figure 14: Percentage of those in employment working part-time or in
temporary employment by region, 2003
Figure 15: Employment by industry, South West & England, 2003
Figure 16: Employment change from 2002-2003 by industry, South West & England
Figure 17: Occupational structure of employment, England, 2001 to 2003
Figure 18: Occupational structure of employment, South West, 2001 to
2003
Figure 19: Gross weekly earnings by region, 2003
Figure 20: Trends in unemployment rates, South West & England
Figure 21: Incapacity Benefits as a proportion of the working age population
by region, Nov 2004
Figure 22: Incapacity benefit claimants in the South West, Nov 2004
Figure 23: Age profile of incapacity benefit claimants in the South West,
Nov 2004
Figure 24: Long-term claimant unemployment as a proportion of total claimant
unemployment by region, April 2005
Figure 25: Mid-year population estimates by age group, South West & England,
2003
Figure 26: Inflow, outflow & net influx by UK region, 2nd quarter
2004
Figure 27: VAT-registered business start-ups in the South West, 2003
Figure 28: Estimated expenditure on R&D in businesses by region,
2002
Figure 29: R&D firms in the South West, 2001
Figure 30: Estimated R&D performed in business, government & HEIs
by region, 2002
Figure 31: Redundancies per 1,000 employees by region, Spring 2003
Figure 32: Vacancies as a percentage of total employment by region, 2003
Figure 33: Hard-to-fill and skills shortage vacancies, South West & England,
2003
Figure 34: Vacancies by occupational group, South West & England,
2003
Figure 35: Adult participation in learning by region, 2003
Figure 36: Adult participation in learning in the South West, 2003
Figure 37: Working age population with NVQ level 4+, South West & England,1999
to 2003
Figure 38: Percentage of respondents by literacy level, South West & England,
2003
Figure 39: Percentage of respondents by numeracy level, South West & England,
2003
Maps
Map 1: Percentage of those of working age in employment
who are self-employed, South West, 2003
Map 2: Claimant unemployment in the South West, April 2005
'the key co-ordinator, assembler, analyser and disseminator of skills and learning information in the South West'
The Skills and Learning Intelligence Module (SLIM) provides a source of robust and accessible evidence on the skills and learning needs of individuals and businesses across the South West. SLIM seeks to inform policy decisions, funding programmes, organisational and partnership strategies and individual projects. The development of SLIM has been driven by the growing emphasis on the region as a focus for promoting sustainable economic and social development and a national emphasis on evidence-based practice.
SLIM offers a range of services to capture, synthesise and disseminate knowledge on skills and learning:
• It develops knowledge management systems,
including on-line databases of research and data.
• It drives discussion and analysis of this information through e-newsletters;
a quarterly Bulletin; on-line discussions; workshops and thematic reports.
• It offers individual advice and analysis through a help-desk and through
direct working with the South West Regional Development Agency and Regional Assembly.
• It undertakes and commissions research to support the work of partner
organisations in the region.
• As a module of the South West Regional Observatory, it will increasingly
work with the other modules to contribute to an holistic understanding of the
region’s path to sustainable development.
SLIM also supports the work of the South West Enterprise and Skills Alliance (SWESA), the Regional Skills Partnership in the South West region. It does this in its role as secretariat to the SWESA Research Forum where it works in partnership to support the evidence base for the SWESA. SLIM is responsible for managing the SWESA Research and Knowledge Development Fund.
SLIM is part of the Marchmont Observatory, based
at the School of Education Lifelong Learning and Education at the University
of Exeter, and is a module of the South West Regional Observatory.
ABI
Annual Businesses Inquiry
BEM Business and Economy Module
DfES Department for Education and Skills
ESF European Social Fund
ESOL English for Speakers of Other Languages
FRESA Framework for Regional Employment and Skills Action
GEM Global Entrepreneurship Monitor
HE Higher Education
HEFCE Higher Education Funding Council for England
HEI Higher Education Institution
HESA Higher Education Statistics Agency
HLMR Healthy Labour Market Review
ICT Information and Communications Technology
IER Institute for Employment Research
IES Institute for Employment Studies
LFS Labour Force Survey
LSC Learning and Skills Council
LSDA Learning and Skills Development Agency
NEET Not in Education, Employment or Training
NES New Earnings Survey
NESS National Employers Skills Survey
NUTS Nomenclature of Units for Territorial Statistics
NVQ National Vocational Qualification
OECD Organisation for Economic Co-operation and Development
ONS Office for National Statistics
PSA Public Sector Agreement targets
R&D Research and Development
RA Regional Assembly
RDA Regional Development Agency
RES Regional Economic Strategy
SBS Small Business Service
SLIM Skills and Learning Intelligence Module
SME Small and Medium-sized Enterprises
SWO South West Observatory
SWESA South West Enterprise and Skills Alliance
SWIP South West Impact and Performance Group
SWRDA South West (of England) Regional Development Agency
TEA Total Entrepreneurial Activity
TFP Total Factor Productivity
WBL Work-Based Learning
Capital: physical economic resources, eg plant and machinery, factories and offices, available for use as a factor of production with labour to generate output. If ‘capital’ means financial capital, it is stated as such.
Disposable income: the amount of income left after deductions such as income tax, pension contributions and national insurance.
Entrepreneurs: people who undertake the risks of innovative production of goods and services in the expectation of future returns.
Equilibrium: a state of market balance – where there is no tendency or incentive to change demand and supply.
Globalisation: The growing inter-dependence amongst world economies and enterprises, reflecting new technologies and the removal of barriers to international commerce.
Gross Domestic Product (GDP): the total value of all goods and services produced in a given time and in a given geographic or politically-defined area, excluding net property income from abroad.
Gross Value Added (GVA): the aggregated difference between the value of final goods (turnover) minus the cost of bought in raw materials and intermediate goods.
GDP = GVA (-taxes + subsidies on products)
Human Capital: the accumulated stock of skills, knowledge and expertise of workers/labour.
International Labour Organisation (ILO) unemployment: those who are not in work, want a job, have actively sought work in the previous 4 weeks and are available to start work within the next fortnight, or, out of work and have accepted a job which they are waiting to start in the next fortnight
Intervention: the accumulation of capital resources that enable economic actors to produce goods and services and yield returns in more than one period.
Labour Market: the market in which demand and supply for labour is effected – firms willing to employ workers and labour seeking employment.
Market Failure: occurs when the workings of the price mechanism are imperfect and result in an inefficient or unfair allocation of resources from the perspective of society.
NEETS: Young people not in education, employment or training.
NUTS: There are three levels of Nomenclature of Units for Territorial Statistics (NUTS) in the UK. NUTS 1 are Government Office Regions and Scotland, Wales and Northern Ireland. NUTS 2 consist of 37 areas often referred to as sub-regions. NUTS 3 consist of 133 areas that are generally groups of local authority areas or districts and are often referred to as local areas
Productivity: total output divided by total inputs (factors of production).
Real Terms: the adjustment of monetary values for the effects of inflation.
Total Factor Productivity
(TFP): This measure
combines both capital and labour productivity into
one single measure.
SLIM would like to thank the members of the South West Impact and Performance Group for their help and support in steering the review: Ann-Marie Warrender, Learning and Skills Development Agency; Ben Neild, SLIM; Jill Frazer, South West Regional Development Agency; Marina Auburn, Devon and Cornwall Learning and Skills Council; and Pete Gisborne, West of England Learning and Skills Council.
We would also like to thank the South West Regional Development Agency and Objective 3 European Social Fund for funding this Report.
Finally, SLIM would like to thank Hilary Todd
for support with the Report's production.
Click on the links below for PDFs