Our target to reduce gap on number of private sector jobs per head
The North East Strategic Economic Plan sets out an ambition to increase the proportion of people employed by the private sector in the North East and close the gap with England excluding London in private sector employment density by 50% by 2024.
This target is based on data from the Business Register and Employment Survey (BRES). Between 2014 and 2015, the gap between the North East LEP area and England excluding London had reduced by 12%. In 2016, additional businesses were added to the BRES with data published for 2015 using both the old and new coverage. Unfortunately, this means there has been a discontinuity in the availability of data to measure against this SEP target indicator. The North East LEP will continue to measure against this target using the revised dataset, using 2015 as the baseline year.
Progress: Between 2015 and 2019, the gap had widened on this measure. This reflects that, although private sector employment in the North East LEP area has increased by 1.9 per cent in this period, the rate of increase has not been as great as across England excluding London.
Source: Business Register and Employment Survey (Nomis, last updated 6 November 2020) and Population estimates (Nomis, last updated 24 June 2020)
Data information: North East LEP and England excluding London. In 2016, the businesses counted within BRES were broadened from VAT-registered only to include some that paid PAYE but not VAT. This increase in coverage is estimated to have increased the business survey population by 95,000 businesses across Great Britain. Data was published for both 2015 using both the old and new coverages.