The economic implications of Coronavirus, along with the supply-side shock of the transitional period at the end of 2019 has led to a Governmental stimulus package on a scale that hasn’t been seen for a decade. Across the North, contrary to the rest of the country, vacancies have …
– Manchester, as the largest city in the region has seen the greatest growth over the last 12 months.
– Leeds is within the top five cities in the UK for year-on-year employment growth, where the impact of ‘Northern Powerhouse’ initiatives are seen to have been a key aspect in facilitating this.
– Hiring activity in Newcastle is muted by comparison, up only 3%. Why is this the case?
– The North West has continued to be the strongest sub-region of the North, with Manchester continuing to be a key city for development.
– Professional Services remains the most dominant industry for professional vacancies, but proportionately has shrunk compared to 2017, with the public sector seeing a significant increase in activity.
– The trend for IT hiring continues, with the profession dominating hiring across the North.
1. Overall vacancy volume up 2.3% across the region, where whilst activity in 2016 slumped after the referendum, in 2017 there has been a marked pick up.
2. IT remains the number one area companies are hiring for, but for people working in Insurance, this is the fastest growing area overall.
3. Financial Services remains the largest industry for professional jobs, marginally up on last year.