Labour market slack by NUTS 2 region in Lancashire (NUTS 2021)

Lancashire (NUTS 2021): Labour market slack by NUTS 2 region was 73.2 in 2019. ▼ Falling

Latest (2019)
73.2
Change on year
down 9.0%
Rank
279th
of 437 regions
All-time high
127.4
in 2012
All-time low
73.2
in 2019
Years of data
12
2008–2019

Labour market slack by NUTS 2 region in Lancashire (NUTS 2021), 2008–2019

0501001502008201320192008: 90.72009: 116.22010: 1032011: 120.52012: 127.42013: 127.32014: 111.92015: 93.42016: 93.32017: 93.52018: 80.42019: 73.2

Source: Eurostat.

Analysis

In 2019, labour market slack by nuts 2 region in Lancashire (NUTS 2021) stood at 73.2. That is the lowest value across all 12 years on record.

The figure is down 9.0% on the previous year and down 37.0% over ten years.

Over the whole period, labour market slack by nuts 2 region in Lancashire (NUTS 2021) peaked at 127.4 in 2012 and was at its lowest, 73.2, in 2019.

Lancashire (NUTS 2021) ranks 279th of 437 regions on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 103.45 90.7 116.2 2
2010s 102.39 73.2 127.4 10

More work & labour data for Lancashire (NUTS 2021)

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Frequently asked questions

What is labour market slack by nuts 2 region in Lancashire (NUTS 2021)?
Labour market slack by nuts 2 region in Lancashire (NUTS 2021) was 73.2 in 2019, according to Eurostat.
What is the highest labour market slack by nuts 2 region recorded in Lancashire (NUTS 2021)?
The highest recorded value was 127.4 in 2012.
What is the lowest labour market slack by nuts 2 region recorded in Lancashire (NUTS 2021)?
The lowest recorded value was 73.2 in 2019.
How does Lancashire (NUTS 2021) rank for labour market slack by nuts 2 region?
Lancashire (NUTS 2021) ranks 279th out of 437 regions with data for 2019.
Is labour market slack by nuts 2 region rising or falling in Lancashire (NUTS 2021)?
Over the last ten years it is down 37.0%. The long-run trend across the full record is falling.
Where does this Lancashire (NUTS 2021) data come from?
The figures come from Eurostat, published as part of Labour market slack by NUTS 2 region. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Labour market slack by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
470 places, 7,726 data points, 2008–2025
Last refreshed