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Record breaking car sales drive hiring activity in the West Midlands

The West Midlands region is now home to the one of the most prosperous job markets in the UK, according to the latest employment update from contract recruitment specialists, Venn Group.

An ongoing demand for specialist professionals has meant vacancies have increased by 21% year-on-year. Much of this activity is being driven by the record-breaking automobile sector which recently reported that sales are at a 10-year high. As a result manufacturers in the West Midlands are driving demand for talent. In line with this positivity, Jaguar Land Rover recently announced its plans to produce its first ever SUV in a move that should create a further 1,300 jobs.
Elsewhere in the region, there has also been considerable demand for manufacturing professionals outside of the automobile market. Reports have suggested that the sector experienced a 12.5% increase in deal activity in 2014 and these mergers have helped to create new positions for contractors.
Avtar Singh, Venn Group’s director of operations in the West Midlands commented on the analysis.

“It’s extremely encouraging to see such positive results and we predict this activity will continue well into 2015. The region is home to a number of major manufacturers in the automobile sector and the increased investment in new vehicles is helping to create roles for specialists. With the production of Jaguar’s first ever SUV, combined with the announcement that nearly 6,000 additional manufacturing jobs could be created in tax cut plans, this year looks set to continue to be a prosperous one for the local economy.

“Meanwhile, there has also been demand for housing specialists across the board as a result of the reawakening property market. An increase in investment from businesses and homebuyers was always going to prompt this sort of activity and this has been reflected in a 5% increase in house prices in the region. Consequently, professionals in a range of roles, particularly surveyors and conveyancing locums are likely to be highly sought after.”

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