There’s no denying that Covid-19 has had an enormous impact on the economy, and while GDP expanded by 6.6% in July, it is still over 11% smaller than in February according to the latest ONS
statistics.

Specifically at the Midlands, even before Covid-19, there were already pressures on the regional economy caused by the UK’s departure from the EU. Consequently, it is perhaps unsurprising to see that vacancies have dropped by 46% year-on-year. It is also worth to mention the West Midlands faring better than the East
with vacancy levels falling by 41% and 51% respectively year-on-year.

To find out more about the latest trends across the Midlands, download the report now!