The unemployment rate is over 8% as of January 2003. There are approximately 10,500 businesses in the borough. The Real Estate sector accounts for the largest sector is wholesale and retail, which accounts for 21% of businesses in the borough.
Aside from unemployment, homelessness is one of the problems that London southward is facing now. Its been a very long time, as the government faces the problem of having the high rate of unemployed individuals in Southwark, and they are not just adults but youths, aged 16- 34 having them as 19.13%. The country is a fascinating place, which was rich in arts and leisure places. In here you can find different activities offered for the youth.
Starting from 1982, there is a problem in Southwark. That is the unemployment rate that is continuously increasing. That's why specialist youth work projects for young people aged 11 to 19 years through learning, leisure and recreational opportunities. There are youth opportunity funds and the youth capital fund for Southwark young people aged 13 to 19. Approximately 40% of Southwork is on the unemployment list, white groups have an unemployment rate of 6% compared to 19% for non-white groups.
This rate rises to 23% for Black African residents and 28% for Pakistanis. In Southwark, the proportion of Black and Ethnic Minority young people entering employment from New Deal is 6% less than their white counterparts with the equivalent qualifications. Yet there are more likely to be participating in the full-time education and training and training option – 14% as opposed to 3% amongst White participants....
While 43% were White and 53% were Black and Ethnic Minority (BME), only 39.7% of BME candidates obtained employment whist 53.4% of White candidates did.3
After a strong decline in the unemployment rate in the late 1990s, the working-age unemployment rate reached a five-year high in 2003/2004 at 13.9%.4 This was far higher than national, London or Lambeth and Lewisham averages. Within Southwark, unemployment rates range between 4.5% (Village ward) and 16.2% in Peckham wrd or Faraday ward with 16.3%.
Long term unemployment face barriers to re-entering the labor market partly because of pre- existing issues such as lack of basic skills but also because of lack of self-confidence and motivation. Most long term unemployed are in 25+ categories with over 6% aged 50+. North Rotherhithe has the highest proportion of long term unemployed (31.2%) followed by the Central Bermondsey (30.1%); Elephant %& Castle (29.2%); and West Walworth is (28.3%).5
The unemployment zone in Souhthwark is now working with this age group and the long tern unemployed. Southwark has growing numbers of businesses in the borough worth new large businesses emerging in the Northern part of the borough as developments continue around Bankside and at London Bridge. In all, there are 10,800 businesses in Southwark and 9000 of these are small businesses employing less than 11 staff.6 The Annual Business Inquiry, 2000 identifies 157,400 jobs located in Southwark. Southwark residents should have greater access to the employment opportunities.7
Approximately even the late 19th century the Southwark has already been working on the problem of unemployment. This was a long term problem and the county of London is now in the progression of fighting ad improving their
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The Index of Multiple Deprivation puts Southwark as the forth most deprived London borough in relation to access to employment and the fifth most deprived in terms of dependency on means of tested benefits.
Therefore, it is essential to take specific precautions as children and youth undertake exercise and fitness testing by engaging parents and guardians in understanding their health complications. As a result, an assessment that involve enquiries on health history, risk factors and precautions medications recommended tests, health and lifestyle related behaviors, body composition, nutrition, motivational strategies and finally evaluation and recommendations ensures the attainment of healthy physical fitness of the children and youth without complications.
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