Mixed news on jobs front

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NEARLY 1,000 people landed a job in Teesside last month – a significant increase compared to January and February, says a regeneration body.

But despite the good news, there were 250 reported job losses in March, the highest level since May last year.

The figures were released by Tees Valley Unlimited (TVU) in its latest monthly briefing.

The report states the majority of the 1,000 job gains are temporary, but there is potential for them to become permanent.

Jobseeker’s Allowance claimants increased again in February throughout the Tees Valley. But TVU reported the rise to be “much less than in January”.

January had also seen a sharp fall in the number of vacancies notified to Jobcentre Plus. But the figure rose again in February.

The report states: “Vacancy rates in the Tees Valley and the North-East have resumed the levels seen during the middle of last year and have closed the gap to the GB rate.”

The report also said regional exports reached record highs in the last quarter of 2011 as £13.5bn of goods and services were sold overseas.