Wolverhampton’s Labour Market Information

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Presentation transcript:

Wolverhampton’s Labour Market Information

Population The population of Wolverhampton is 254,400 made up of 49% males and 51% females. The sectors that currently employ the most people are: 34% Public Admin, Education and Health 18% Retail and Motor Trades 15% Financial and other Business Services 15% Manufacturing 5% Logistics and Transport

Qualifications 28.5% have NVQ 4 and above 18.4% NVQ 3 16.5% NVQ 2 (GCSE 9-4) 11.5% NVQ 1 3% Trade Apprenticeship

Top Occupations Skilled Trades such as; mechanics, plumbers and electricians Elementary Occupations such as; packers, goods handlers and couriers

KEY EMPLOYERS AM Alston UK MOOG Jaguar Land Rover UTC Aerospace Systems GE Aviation Marston’s Tata Steel Eurofins ISP Carvers AM Griffiths and Sons Lloyds Banking Group Charter Court Financial Services KGJ Insurance Santander State Bank of India

SECTOR FACTS Projected growth in business services will mean more demand for higher skilled jobs. The aerospace industry is thriving due to JLR building their Engine Centre in area.

EMPLOYMENT GROWTH Growth opportunities exist with the establishment of the i54 technology business park and new Science, Technology and Prototype Centre at Wolverhampton Science park attracting new businesses New £10m Science, Technology and Prototype Centre at Wolverhampton Science Park will enhance the capacity of Black Country businesses to innovate and exploit new opportunities. Bilston Urban Village in development will provide residential and employment development sites including 580 houses.

West Midlands Labour Market Information

Population The population of the West Midlands is 5,713,300 made up 49% males and 51% females. The sectors that currently employ the most people are: 16.1% Retail and Motor Trades 11.7% Health and Social Work 11.4% Manufacturing 9.6% Education 7.4% Admin & Clerical

Top Occupations Professionals such as; Engineers, Software, IT and Lawyers Associate Professionals such as; Science and Lab Technicians, Finance, Investment analysts and Paramedics

Key Employers Jaguar Land Rover JCB Local Councils Civil Service Schools/Colleges Universities Supermarkets Customer Services Hospitals Care homes

Qualifications The West Midlands has fewer residents with 5 9-1 qualifications than the UK average and also less apprentices- 25.6% do not have 5 9-1 GCSE’s of equivalent; 3.3% have a trade apprentice. Improving both these figures will support growth in the region’s economy.

Employment Facts Manufacturing is the third largest sector but is set to decline in the UK and could have a large impact on employment in the region. Despite this manufacturing is still a key sector in the West Midlands. Increasing demand for care workers, both at professional level and elementary skilled workers.

Sectors set to grow by 2020 19% Health support 17% Caring services 16% Senior management 1.2% Trade and Transport 0.5% Construction

Employment Growth Jaguar Land Rover, the fastest growing manufacturing group in 2015 with a £500 million engine plant in Wolverhampton, is set to see further growth and impact on the region’s dealerships, suppliers and businesses HSBC relocating head quarters to Birmingham High speed rail2 will impact on the construction and manufacturing sectors and the supply chain. 1,500 jobs will be created through the national construction headquarters being based in Birmingham, the National College for High Speed Rail growth through the supply chain. Birmingham; the National College for High speed rail will see growth through the supply chain and plans for the two HS2 stations based in Birmingham and Solihull will create opportunity for more than 52,00 jobs. 40% of the job market is employed in highly skilled occupations which are set to grow nationally- suggesting growth for the West Midlands.