5 Economic Competitiveness |
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Introduction
5.0.1
The Council’s economic development strategy “Changing the Balance: An Economic Framework
for East Dunbartonshire 1999” highlights East Dunbartonshire’s assets.
These include a highly qualified workforce, a low unemployment rate, attractive
towns and natural environment, and a wide range of small and medium sized
businesses which have the potential to grow. There are, however, a number
of issues of concern facing the local economy and employment market.
These include the decline in traditional industries, a significant reliance on
out-commuting to other parts of the conurbation and particularly
5.0.2
Furthermore, the business base of the area is fragile with a low business
formation rate for an area with a skilled workforce, few substantial firms, and
a high proportion of small businesses with less than ten employees. The
latter being a sector of the market which experiences high rates of failure and
traditionally finds it difficult to resource staff training and growth.
The retention of jobs and businesses in the area is therefore crucial to
achieving more balanced communities and it is vital that
5.0.3 The following policies indicate how the Council will seek to safeguard and augment employment. Where appropriate the Council will liaise with other agencies providing economic development and in particular the Council anticipates the continued support of Scottish Enterprise Dunbartonshire, East Dunbartonshire Enterprise Trust and the Lennox Partnership. A Local Economic Forum has been established which promotes joint working by all involved in the delivery of economic development and effectiveness in a partnership approach as advocated through the Community Plan.