24 per cent drop in local job vacancies

The number of job vacancies in the area has dropped dramatically as a result of the coronavirus situation.

Last week it emerged unemployment had risen by 156 per cent in Powys, with a significant number in Newtown.

It has also meant the number of jobs available has also dropped as companies trim back on costs.

According to research undertaken by the Institute for Employment Studies, there was a 24 per cent drop in job vacancies in the are between 15 March and 14 June to 484.

Last week a report published by Powys County Council revealed 13,100 workers had been furloughed in the county.

It also confirmed £46.6 million had been paid out to 4,020 businesses in government funding.

Key findings of the county council report were:

Key Findings

Business Support £46.6m paid out to 4,020 businesses (as of June 11 – the second highest in Wales)
Employment 23% per cent of county workforce furloughed (13,100)
Unemployment increased 156% = 2,225
Food and accommodation services GDP by 92%
Nearly 400 volunteers recruited
More than 5,000 vulnerable residents contacted
16 childcare hubs established with more than 300 pupils attending
881 IT devices distributed to help pupils access learning
14% (290) extra pupils access free school meals
600 homeless presentations made – 300% during busiest period
Council projecting £16m deficit as result of Coronavirus
201 council staff furloughed
Most staff home working
1,100% increase in network use
634% increase in online meeting use
18% decrease in emails
162K reduction in council business miles in May