PMP Recruitment Responsive Workforce Solutions Be Agile Regional Profile
What has got to Offer? Economic Growth & Population Strong Workforce Employment Sectors Engineering in Summary
What has got to Offer? s economy The economy of Cheshire and is characterised by a highly active resident population, a strong in-built enterprise culture, and a highly skilled workforce. Major firms include Bentley Motors, Tata, Vauxhall and Barclays, and it has distinctive sector-specialism in advanced, high-value engineering, energy, and professional and business services. Just outside the sub-region s administrative area, but core to its functional economic area, is Daresbury Science and Innovation Campuses, with its growing Enterprise Zone. is the heart of one of the largest concentrations of people, businesses and growth assets in England. The area is also home to UK and foreign owned business HQs, including holding companies for electrical (Marlow Holdings) and agricultural (NWF Group) product distribution, as well as retail, leisure and travel holding companies. This includes operators of recognised brands including Pets At Home, BetFred and Eurocamp. is one of the fastest growing employment centres in England, and recently ranked as one of the top places to do business nationally. has emerged as a premier investment location for high-value and knowledge-based activities, as well as retaining a significant manufacturing base. is home to a wide range of leading companies and has a number of strategically important existing and emerging development sites e.g. Birchwood Park, Lingley Mere, and Omega. At Birchwood, hosts one of the largest clusters of nuclear research and technology firms in the UK employing some 3,000 people, and supports major clusters of firms in sectors as diverse as distribution and logistics, precision engineering, energy, telecoms and software, and business services. Cheshire and has a large, diverse and successful business base; with around 37,000 firms, thus they have more businesses per head than the national average (68 per 1,000 adults versus a national figure of 62). Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
What has got to Offer? Largest catchment area for any town outside the M25 offer investors access to a huge workforce. There are 2.5m people of working age within a 30 minute drive of. This is the largest catchment area for any town outside the M25. Gaining an experienced and senior workforce is important to any investor. There are over 700,000 working age people experienced in working in senior, management or professional roles living within a 30 minute commute of. has a thriving economy although the unemployment rate across the catchment area has edged higher than the regional average whilst an unfortunate consequence of the economic downturn, with 28,500 additional people made redundant in the catchment area in the last two years there is an opportunity for employers to draw on experienced staff. Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
What has got to Offer? offers discount over locations in South East England Despite the strong labour market, is not an expensive location to hire staff. Wage rates for workers in the area are in line with the UK average. The result is that offers a discount over locations in the South East of England. The catchment area can provide an employer with the skills required and with a greater proportion of staff holding NVQ3 skills or above (A level or better) than the UK average, there are tremendous opportunities for employers to recruit a highly skilled workforce. School results for the area also outstrip the national average. The area has access to a large number of Higher Education institutions both for graduate recruitment and collaborative research projects. Between Liverpool and Manchester there are approximately 160,000 higher education students 14,600 of these are based at the University of Chester which has a campus in the town. Area out-performs the UK in levels of employment based in higher value manufacturing activities The catchment area of represents a broad variety of sectors. Financial and business services employ large numbers of people but the area also out-performs the UK in levels of employment based in higher value manufacturing activities. also has a long established reputation as a centre for the nuclear industry and as a logistics centre. Cheshire and has been recognised by international investors in business services, pharmaceuticals, chemicals and automotive assembly with a relatively high proportion of inward investment being undertaken in these sectors. The strength of the location as a highly effective base for investment is underpinned by transport connectivity. is just 2 hours away from London by train and virtually every UK city and several European cities can be visited on business with a return on the same day. Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Economic Growth & Population 9,000 jobs by 2021 Economic Growth - 142.7m Government s Local Growth Fund 9,000 jobs by 2021 The Cheshire & LEP has secured 142.7m from the Government s Local Growth Fund to support economic growth in the area with 15.3m of new funding confirmed for 2015/16 and 36.7m for 2016/17 to 2021; this includes: As part of the Government s ongoing commitment to the Cheshire & LEP an indicative award of a further 71.7 million of funding for projects starting in 2016 and beyond By 2021, this deal will create at least 9,000 jobs and allow 400 homes to be built. 19m of funding which the Government has previously committed as part of Local Growth Deal funding to the area This substantial investment from the Government will bring forward at least 50m of additional investment from local partners and the private sector. Combined together this will create a total new investment package of 192.7m for the Cheshire & area. Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Economic Growth & Population Population The scale of the catchment area allows a total population of over 3.8 million people to be reached in half an hour s drive. Companies have access to a working population of 2.5m in a half an hour commute time. Population in absolute numbers Male Female Total Total population 1,910,800 1,953,200 3,864,000 Working age population 1,301,400 1,288,200 2,589,700 Age distribution numbers -14 15-29 30-44 45-59 60-74 75+ Male 348,300 289,200 388,500 364,900 261,700 109,600 Female 329,300 417,200 382,200 374,800 282,200 167,500 Total 677,600 706,400 770,700 739,700 543,900 277,100 Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Economic Growth & Population Working population profile Working population profile proportion of occupations - 30 minute drive time Managers and senior officials make up the largest cohort of the working age population catchment area. The catchment area also has a greater proportion than the national average working in administration; personal service occupations; sales and customer services; as well as process, plant and machine operations. Occupations currently available: Managers and senior officials Professional occupations Associate professional and technical occupations Administrative and secretarial occupations Skilled trades occupations Personal service occupations Sales and customer services occupations Process, plant and machine operations Elementary occupations Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Strong Workforce Education & skills has access to a highly skilled workforce. With almost 48% of the working age population with NVQ4 or NVQ3 the area has access to greater levels of skills than the UK average. The workforce is more skilled than the average for the region. The education base supports the continuing development of the workforce. National data is available at a Local Authority level. Schools across out-performed the national average in 2010 and 2011. Resident Population of Working Age by Highest Level of Qualification Achieved Max Qualification Number 30 min % North West % UK % % with NVQ4 738,700 30.6 28.7 31.2 % with NVQ3 416,100 17.2 16.7 15.7 % with NVQ2 429,700 17.8 17.2 16.2 % with NVQ1 335,000 13.9 13.9 12.9 % with other qualification 188,700 7.8 7.3 8.4 % with no qualification 308,500 12.8 12.1 11.6 Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Strong Workforce Education & skills A level results in consistently stronger than national average Universities and students within the area Under graduates Post graduates The performance of schools and colleges in is not only better at GCSE level but also at A level. Schools and colleges in demonstrate consistently stronger results than the national average. The area is surrounded by Higher Education opportunities. University of Manchester 28,700 11,700 Manchester Metropolitan University 27,700 7,800 University of Salford 17,500 4,400 Liverpool John Moore s University 21,000 4,900 University of Liverpool 16,600 4,000 University of Chester 11,200 3,400 Total 122,600 36,200 In addition to the 14,600 students at the University of Chester, there are more than 140,000 students in the HEIs of Liverpool and Manchester. Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Employment Sectors Location quotients Location quotients compare the proportion of employment by sector in a location against the average proportion of that employment for the UK as a whole. A score of 2 suggests that the area has double the proportion of employment compared to the average for the country as a whole. The area has a particular strength a range of service sector activities such as architecture, building services and office administration. In addition the area has strengths in telecommunications and manufacturing of chemicals. Top sectors by location quotients Sector Manufacture of basic metals 4.03 Repair of computers and personal and household goods 3.22 Architectural and engineering activities; technical testing and analysis 2.85 Postal and courier activities 2.21 Services to buildings and landscape activities 1.98 Telecommunications 1.95 Employment activities 1.89 Manufacture of chemicals and chemical products 1.87 Manufacture of beverages 1.80 Office administrative, office support and other business support activities 1.77 Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Employment Sectors Total employment by broad industrial groups Within 30 minutes of a broad range of sectors are represented. In particular the proportion of employees in business administration and support is significant. Total in 30 mins area % in area % in UK Health 249,800 13.9 12.9 Retail 185,200 10.3 10.3 Business administration & support services 170,400 9.5 8.2 Education 159,100 8.9 9.7 Manufacturing 141,100 7.9 8.8 Professional, scientific & technical 133,000 7.4 7.2 Accommodation & food services 118,000 6.6 6.6 Public administration & defence 115,000 6.4 5.6 Transport & storage (inc postal) 91,900 5.1 4.7 Arts, entertainment, recreation & other services 80,900 4.5 4.7 Construction 80,800 4.5 4.3 Financial & insurance 76,900 4.3 4 Wholesale 70,500 3.9 4.3 Information & communication 48,400 2.7 3.9 Motor trades 29,700 1.7 1.7 Property 21,700 1.2 1.4 Mining, quarrying & utilities 19,900 1.1 1.1 Agriculture, forestry & fishing 850 0 0.7 Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Employment Sectors 30 minute drive time The catchment area contains a large number of people employed in different specialist manufacturing activities as well as strengths in the service sector. Above all employment is based on the knowledge economy. Employment data for the catchment area demonstrates not only the professional services skills within and beyond with financial; legal; accounting; business services and architecture but also the presence of major employers involved in management services as well as distribution. Employment by selected sectors, 30 minute drive time Sector Total number Services to buildings and landscape activities 52,000 Legal and accounting activities 46,000 Specialised construction activities 43,900 Financial service activities, except insurance and pension funding 42,500 Activities of head offices; management consultancy activities 35,100 Warehousing and support activities for transportation 30,800 Architectural and engineering activities; technical testing and analysis 29,800 Activities auxiliary to financial services and insurance activities 25,700 Sports activities and amusement and recreation activities 25,400 Office administrative, office support and other business support activities 24,700 Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Employment Sectors Connectivity Road, rail and air links allow virtually every UK city and many European locations to be visited for business with a return the same day. With a central location, good rail links and with proximity to Liverpool and Manchester airports is extremely well connected for the business traveller. Almost every UK city could be visited for a day s business by rail with a return the same day. Distances from to selected cities London Birmingham Edinburgh Glasgow Bristol Newcastle Cardiff Rail 1hr 52min 1hr 11min 2hr 50min 2hr 52min 2hr 59min 2hr 59min 2hr 59min Drive time 3hr 7min 1hr 18min 3hr 29min 3hr 5min 2hr 26min 2hr 23min 2hr 52min Miles 197 85 214 212 166 160 186 Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Engineering in is established for its specific strength in engineering for the nuclear sector The employment of over 44,000 in specialist construction activities and a further 30,000 involved in architecture and engineering demonstrates a depth of civil engineering expertise in the region. The town has a specific strength in engineering for the nuclear sector. Key companies in in the nuclear sector include: More generally other important employers include: Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Summary Opportunity & potential threat is an attractive place where people want to live, with the natural environment and excellent location, combined with factors such as high educational attainment and employment opportunities in quality occupations, ensuring that is a place offering a very high quality of life to its residents. The economy of Cheshire & is already worth nearly 19bn a year, and is forecast to grow to 30bn by 2030. However, must focus on meeting employer demand for new skills in engineering, energy, logistics and manufacturing. As a recruitment agency we are witnessing a huge demand for skilled IT, finance and engineering candidates. Opportunities for : Major cities becoming expensive, increasing demand in value for money locations Logistics, as increases in global trade and e-shopping increase demand for the movement of goods Over-crowded south east, more accessible north west Potential threats for : Increased competition from developing economies, including in medium skilled manufacturing production Investment in key enabling technologies by advanced economies such as Germany and the USA Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
Summary PMP Recruitment PMP Recruitment constantly endeavour to develop and nurture relationships which they have with all their candidates on their database, as well as continually seeking and engaging with new candidates to attract fresh talent. At PMP Recruitment we recognise, completely, that the long-term economic health of towns and cities rests on investment in citizens skills and professional qualifications. As a recruitment agency we acknowledge our responsibility that we must always be at the forefront of industry knowledge. It is our objective to help and assist all companies in the region of and Cheshire to recruit and employ successful candidates in order that they may fulfil business targets and compete in today s increasingly competitive global markets. Economic Growth & Population Strong Workforce Employment Sectors Engineering Summary
PMP Recruitment Responsive Workforce Solutions Be Agile