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Employment Trends in Edinburgh

Extracts from this essay...

Introduction

Ajay Patel 10G 28th December 2001 Business Studies Project Employment Trends in Edinburgh The current unemployment rate in Scotland is 5.9%. Whilst in Edinburgh the unemployment rate stands at 3.6%. Edinburgh is also concentrating on increasing their growth sector; so that their "3.6%" unemployment rate is reduce. The growth sectors, which they are concentrating on, are, the electronics industry and the retail sector with the increase of out-of-town retail parks. The tourist industry in Edinburgh employees 20,000 employees all year round and generates an income of £350 million. There is also the expected expansion of the hotel and catering sectors, hopefully with an extra 2000 hotel rooms by the year 2000. More brewery chains are also opening up in the city of Edinburgh, producing more jobs and a service for the tourist industry. Even though there is a growth in many Industries, there has been a concern about the amount of employees with the skills to carry out the work in the industries which are experiencing growth.

Middle

Over this period there is also a prediction that substantial employment increases in Lothian in Education and Retail Distribution of 6,000 and 5,500. A Retail Distribution D Insurance G Education B Hotel & Catering E Business Services H Medical & Health Services C Banking & Finance F Public Administration I Other Services Key Grow Industries - Lothian 1991 - 2001 There were also predictions that there would be a growth of 8% in Public Administration employment between 1991-2001. Also, almost all of the 4,400 new jobs expected in Edinburgh's Financial and Business Service sector should be created before 1996 although the Insurance industry is likely to show employment growth throughout the decade of almost 18%. Despite the 23% increase in the manufacturing industry there was a substantial fall of around 10,700 (20%) manufacturing jobs in Lothian by 2001. 7,000 of these jobs were accounted by the engineering sector alone. The predictions for Lothians most important manufacturing industries - Electronics, Food and Drink and Paper and Printing. It also highlights a projected loss of 5,400 Construction jobs - 90% of which will be lost between 1991 and 1996.

Conclusion

More people require part time jobs so that they can spend the rest of the day with family, and doing social things. They can get paid enough to live their life at a satisfactory level, and to their comfort even with a part time job, because the pay is better then before. Occupations 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 Engineers 14% 15% 10% 11% 15% 14% 16% 15% 13% 12% Teachers 20% 21% 15% 11% 14% 12% 11% 10% 14% 8.3% Marketing/Sales Executives 7.8% 7.8% 8.3% 6.4% 8.5% 9% 9% 7.3% 6.6% 8.3% Medical Doctors - - - 6% 7.2% 6.1% 5.6% 6.6% 7.1% 8.1% System Analysts/ Computer Programmers 8% 5.8% 4.5% 3.8% 5.2% 5.7% 5% 6.9% 8.2% 7.5% Architects/Surveyors 4.5% 7.2% 4.5% 4.9% 3.1% 5.1% 5% 5.3% 5.9% 5.7% Personnel/Administrative/ Management Executives 6.1% 6.7% 5.9% 4.4% 5% 5.7% 5.3% 4.3% 2.8% 4.5% Accountants/Auditors 7.4% 5.9% 3.3% 3.6% 4.8% 5.5% 4.6% 5.1% 5.7% 4.3% Here is a table of results that have been taken from between the years of 1990-1999. From the table below we will be able to see the increase of employment in certain fields.

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