The indicator is defined as the number of people employed by the private sector, as a proportion of the population aged 16-64 and those over 64 in the labour market. It provides an indication of whether private sector employment is growing to compensate for any decline in public sector employment across English regions. This measure helps to identify whether the economy is rebalancing between regions.
Source agency: Business, Innovation and Skills
Designation: Official Statistics not designated as National Statistics
Language: English
Alternative title: Rebalancing indicator
