27th Jul, 2017

Business leaders welcome drop in unemployment

BUSINESS leaders have welcomed a fall in unemployment in Coventry and Warwickshire, but still say more needs to be done to match skills with the needs of the economy.

In June, unemployment dropped from 4,465 to 4,415 in Coventry.

Louise Bennett, chief executive of the Coventry and Warwickshire Chamber of Commerce, said the drop was positive news for the region.

She added: “It is encouraging to see that unemployment has fallen across our patch and that many companies still have the confidence to expand.

“Our latest Quarterly Economic Survey highlighted there is a solid degree of confidence among firms in the area, particularly manufacturers.

“Many are looking to recruit but we do hear there is still a mismatch between the skills required and the skills available.

“This has to be one of the main priorities for Government and has to be considered in Brexit negotiations.”