We know that being in work can have a positive impact on people: those who are unemployed have significantly lower levels of life satisfaction, happiness and feeling worthwhile. Unemployed people also suffer more with anxiety than people in work. We know that there can be significant financial benefits from employment for many people, especially in light of the welfare benefit reform programme and the caps and sanctions applied to customers not in work.
Across all of our employment and skills services, the total number of outcomes for the period 2015/16 is as follows:
Into work: 144
Into non accredited training: 37
Into accredited training and/or formal education: 50
Total employment and skills outcomes: 231
Total social value created: Across the entire opportunities team outcomes we have calculated a wellbeing value of £1,565,498 plus a value to society of £1,746,675, creating a total social value of £3,312,173.