Key statistics for Portsmouth - Autumn 2006

December 2006

What is the current situation in Portsmouth on Unemployment, housing and earnings?

Unemployment

Overall, while vacancies have increased nationally, (there are now comparable figures for Portsmouth), there is a worrying trend that locally in Portsmouth more people are unemployed and they are remaining unemployed for longer.

Unemployment In Portsmouth

Unemployed claimants rose 13.8% in the past year from 2509 to 2855

The unemployment rate was 2.3%, up from 2.0%

The number of people unemployed for one year or more has doubled to 280.

House Prices

Average house prices in Portsmouth are below the average nationally and in the South East.

The average house price is:

Nationally: £169,000 (up 6.3% on a year ago)

Regionally in the South East: £209,200 (up 6.4% on a year ago)

In Portsmouth: £150,900 (up 2.4%)

Earnings

The average median wage for a full-time worker in Portsmouth is below the national average and the SE regional average.

Average (median) wage for a full-time worker:

Nationally: £23, 800 (England and Wales)

Regionally in the South East: £26,000

In Portsmouth: £22,000

Greater detail can be found on the Portsmouth City Council website at: www.portsmouth.gov.uk/yourcouncil/5612.html