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Key findings in the report.

Population. The North-East population has fallen to 2.52 million, compared to the expected 2.58 million.

INCOMES. More than a quarter of North-East households live on pounds 10,000 or less a year, 60pc live on less than pounds 20,000 a year, while nearly 25pc have a household income of over pounds 30,000.

JOBS. Unemployment continues to fall in the region, down to 6.7pc from 9.1pc in spring 2000. People employed the service industry have risen from 727,000 to 788,250, while manufacturing has fallen from 237,500 to 193,750.

EDUCATION. 15pc of the workforce have degrees, compared to 20pc nationally. 35pc of people in the North-East have no qualifications at all, compared to 28pc nationally. But 44.3pc of young people achieved 5 A*-C GCSEs in 01/02 compared with 40.8pc in 1998/99.

BUSINESS. The region is deemed to have a "small business base" which is not growing as fast as elsewhere in the country. Business research and development fell as a proportion of the economy between 1995 and 1999.

HEALTH. Levels of poor health are 33pc higher in the North-East, but the region has a good health care system.

HOUSING. Average house prices in the North-East were pounds 80,000 in spring, compared to pounds 146,000 nationally. 100,000 fewer homes are owned by local authorities than they were in 2001.

CULTURE. 1,000 jobs have been created in the arts and culture sector since 1998. Tourism nets the region pounds 900m a year.

ENVIRONMENT. 5.1pc of waste is recycled in the region compared with 12.4pc nationally. But 83pc of rivers have good water quality, compared to 66pc nationally.

FARMING. Farm incomes have risen from pounds 9,600 in 99/00 to pounds 16,457 in 01/02.
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Title Annotation:Business
Publication:The Journal (Newcastle, England)
Date:Dec 16, 2003
Words:303
Previous Article:Why we truly deserve more.
Next Article:Education and skills still suffering.


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