Q4 Full Report - Derbyshire and Nottinghamshire Chamber of ...

Labour ForceNet balances for employment levels in the next three months deteriorated slightly.This is due to 3% fewer service sector businesses planning to increase theirworkforces and 3% more expecting to shed labour. There is a slight improvementin the net employment balances for manufacturers but these are still less positivethan their service sector counterparts.Employment in the next 3 months by sector4020Net %0-20Dec 2007Mar 2008June 2008Sept 2008Dec 2008Mar 2009June 2009Sept 2009Dec 2009-40Manufacturing Services CompositeDerbyshire businesses’ future employment balances deteriorated by 7% whilstthose for Nottinghamshire businesses improved by 3%. The majority of businessesexpect employment levels to remain the same and only 14% and 15% areexpecting to reduce employment in Derbyshire and Nottinghamshire respectively.Net job losses are expected in the construction and engineering sectors and netjob growth in financial and business services. North Derbyshire looks set for netjob losses whilst job growth is expected in Amber Valley, Erewash and NottinghamCity in the next three months.40Employment in the next 3 monthsAll Derbyshire and Nottinghamshire Businesses20Net %0-20Dec 2007Mar 2008June 2008Sept 2008Dec 2008Mar 2009June 2009Sept 2009Dec 2009-40DNCC Derbyshire Nottinghamshire19