Download our report on the Midlands labour market to examine what hiring levels looked like across the region — and what trends are emerging in Birmingham, Leicester and Nottingham as the economy gradually emerges out of lockdown.
At the Midlands, even before Covid-19 there were already pressures on the regional economy caused by the UK’s departurefrom the EU, where consequently vacancies have dropped by 46% year-on-year. It is also worth to mention the West Midlands is faring better than the East with vacancy levels falling by 41% and 51% respectively.
At a time when the UK had already been showing signs of reduced growth, the economic crisis caused by COVID-19 has accelerated this downturn, with the midlands hit particularly hard by the virus. For sectors that are…
Perhaps more than most regions, politics is playing a key role in the economy of the Midlands. Brexit, in general, is posing a lot of questions for the region. With this level of uncertainty, it may be unsurprising that new vacancies have…
– In Birmingham, within Financial Services, post HSBC’s move, activity has slowed down as one off hiring there has subsided, with volumes down by 35% compared to 2018.
– In Nottingham, by professional area, the biggest story is the increase in vacancies for Procurement / Supply Chain, where volumes grew up by 35%. Specifically the largest point of growth has been for people handling inventory, and stock levels.
– In Leicester, there was significant vacancy growth within TMT with an increase in hiring activity of 30%.
