Labour Market Profile

Transcription

Cordant People
Be Integral
Regional Profile
Daventry &
Northamptonshire
Regional Profile:
Northamptonshire
Overview
Economy
Workforce Skills
Summary
Northamptonshire
Regional Profile:
Overview
History of Northamptonshire
Northamptonshire
Northamptonshire was originally included in the Diocese of Lincoln. The archdeaconry
of Northampton is mentioned in the 12th century, and in 1291 included the deaneries of
Peterborough, Brackley, Oundle, Higham, Daventry, Preston, Weldon, Rothwell and Haddon.
Northampton was a favourite meeting-place of the councils and parliaments of the Norman
and Plantagenet kings.
In 1215 King John was besieged in Northampton Castle by the barons, and in 1264, Henry III captured the castle from the younger Simon de Montfort.
During the Wars of the Roses, Henry VI was defeated at Northampton in 1460. The Diocese of Peterborough was created in 1541.
In the Civil War of the 17th century, the county declared almost unanimously for the parliament. Although a
royalist garrison was placed at Towcester by Prince Rupert in 1644, it was almost immediately withdrawn.
Northampton holds a place scarcely inferior to any other English county.
Maisna/Shutterstock.com
Overview | Economy | Workforce Skills | Summary
Regional Profile:
Northamptonshire
Overview
Northamptonshire today
Northamptonshire has a mixture of urban and rural areas;
most of the population is concentrated in a central north to
south area which includes some of the largest towns, including
Northampton and Kettering.
In 2011 Northamptonshire joined the European Smart Specialisation Platform as a means of
participating in high quality research projects to inform strategy formation and policy making
with other core European regions.
Population
Northamptonshire already has one of the fastest rates of
population growth in the UK and this is forecast to continue,
driven by an influx of younger people and higher birth rates.
Strong population growth has helped support the labour
market of Northamptonshire - the main driver of this has
been high net migration.
Northamptonshire is at the centre of the UK’s unique High Performance Technologies
cluster. Recognised as having global importance, HPT in the county comprises around 1,500
companies (85% SME), employing 21,000 people and generating over £2bn in turnover.
Northamptonshire has a large private sector and is much less reliant on the public sector for
employment than many other sub-regions in the UK.
The Government has pledged that super-fast broadband will be available to every home in the UK
by 2020. Through the ‘Superfast Northamptonshire’ project, Northamptonshire aims to be the first
area in England with full Next Generation Access by 2017 – three years ahead of European targets.
Regional Profile:
Northamptonshire
Overview
Key facts
Transport – Connectivity
Land Area: 2363.97 Sq Km
Population: 701,000 (2013)
Northampton has excellent connections to the rest of the country via its road, rail and air
networks. Northampton has 3 junctions onto the M1 as well as providing easy motorway links
to the M6 and M25. East Northamptonshire and Kettering’s prime location on the A14 makes it
within easy reach of the A1, M1 and M6. It is also only 15 minutes from the Eurohub rail and has
direct links to east coast ports. A regular main line rail service links Wellingborough to London
(St Pancras International station) in just 50 minutes.
Population increase from 2001: 9.9%
Total Population 2026 Projection: 877,800
Average Age: 39
Households: 287,730
Household increase from 2001: 11.1%
Northampton is twinned with:
Environment of Northamptonshire
The county is home to a number of natural assets: Rockingham Forest, Salcey Forest, River Nene
Rockingham Forest is one of five climate change pilots to support the UK Low Carbon transition
Plan. Projects such as Electric Corby, Daventry University Technical College and the Eco Park at
Kettering offer a great opportunity to develop the low carbon sector within the county.
Poitiers, Vienne
France
Marburg,Hessen
Germany
The Rockingham Forest in the north of the county has been selected by Defra as one of only
five climate change projects nationally to support the UK Low Carbon Transition Plan and the
government’s Carbon Plan to pilot a Carbon Sink Forestry Project (Rockingham Forest- Forest for Life).
Regional Profile:
Economy of Northamptonshire
Snapshot of Northamptonshire’s economy
In terms of sector structure, Northamptonshire has high concentrations of
employment in manufacturing, transport, and business administration.
Key facts:
• Northampton is home to about one third of all jobs in the county.
• There are 25,290 workplaces with more than 25,000 establishments having fewer than 10 employees.
• The Northamptonshire economy recorded 320,000 jobs in 2011.
• The impact of the recession from 2008-2010 saw a loss of 11,900 jobs since 2008.
• These job losses were largely in administration and support services (-4,800 jobs), wholesale & retail
(-4,000) and manufacturing (-3,100) with growth occurring in professional and technical services
(+2,800), other services (+2,300) and transport and logistics (+1,700).
• Forecasts suggest employment has the capacity to increase by about 3,600 jobs each year, or 25,200
jobs over the next five years to 2020.
Northamptonshire
Mitch Gunn /
Shutterstock.com
Regional Profile:
Key sectors
The county has a competitive distribution
and logistics sector (as a proportion of
total employment, twice as many people
are employed in the sector than in England
overall). Another of Northamptonshire’s
strengths is the private sector orientation
of its economy, with a lower than
average dependence on the public sector
employment in the county.
There is an opportunity to improve the sectoral balance of
the economy and attract business from high value added
sectors – as manufacturing employment is forecast to decline.
Northamptonshire has a relatively high working age population and
lower 65+ population than the East Midlands or England; it well
placed to take advantage of employment growth opportunities.
Northamptonshire
The region can boast world recognised brand names
in the county, including Carlsberg, Weetabix, and
Barclaycard. Furthermore, the county benefits from a
world renowned cluster of key assets such as Silverstone, and
1,000 companies in the HPT sector - the county benefits from a world
renowned cluster of key assets such as Silverstone.
The county’s large private sector means that elements of the workforce are potentially less
exposed to cuts to the public sector. Northampton Waterside Enterprise Zone offers a unique
opportunity to reshape provision of employment opportunities and support investment and jobs
growth.
Wage growth in the period 2008-2013 exceeded both England and the East Midlands.
Northamptonshire has relatively low deprivation levels – South Northamptonshire is the 4th
least deprived local authority in England.
Northampton is the dominant commercial centre in Northamptonshire.
Regional Profile:
Northamptonshire
Key statistics:
• Total GVA:
£14,979 billion
Business Start-up Rate
• Economic activity rate:
82.5% Annual Population Survey, (March 2013)
One of Northamptonshire’s key strengths is
its active business environment.
• Average weekly earnings:
£488.00
• Average house price:
£182,179
• House price forecast:
Prices in the county are forecast to rise 85% to £337,070 by 2030
• Business births:
2,895 (6.5 per 1,000 population) ONS Business Demography, 2011
• Business survival rates:
* 1 year: 97.0% * 2 years: 82.3%
* 3 years: 68.5%
* 4 years: 54.6%
* 5 years: 46.0%
This is underpinned by a business-support focused LEP, with public
and private sector backing. In 2011, there were almost twice as
many businesses per 1,000 people in Northamptonshire (61.1) as
in the East Midlands (34.2) and England (38.4).The vast majority of
companies in Northamptonshire are small SMEs, with more than
three quarters of the enterprises in the area employing fewer than
five people. Indeed there are only 95 employers in the county with
more than 250 employees, just 0.4% of Northamptonshire’s 25,285
VAT and/or PAYE based enterprises.
Regional Profile:
Labour market: key points
Northamptonshire
More than 320,000 people are employed in Northamptonshire, and at 82.5%, the economic activity is higher than
that of the East Midlands, England (both 77.5%), and all of the comparator LEPs. The county has a resident-based
employment rate of 76.5%, again, higher than the corresponding national (71.3%) and regional (71.2%) averages.
A relatively high proportion of Northamptonshire employees are in full time work. Just 28.9% work part time, lower than both the East Midlands’ and England average
(both 32.4%), and below that in the comparator LEPs.
Males in the county are significantly more likely than females to work full-time, with 89.6% of males in the county working full-time compared to 58.3% of females. This is
in line with the national average.
There are high rates of self-employment in the county.
This increase in employment will be met by a growing population,
driven roughly equally by natural growth in the existing population
and net in-migration to the area.
Forecasts suggest employment in
Northamptonshire will rise by 59,000 jobs by
2030.
Regional Profile:
Employment statistics for Northamptonshire’s towns
Northamptonshire
Northampton
East Northamptonshire
Northampton has a total population of 214,600, equating to 31% of the total
population of Northamptonshire. The age-group split does not vary greatly
between districts in Northamptonshire: the areas with the greatest proportion
of population within the working age group are Northampton and Corby.
54,600 of people in East Northamptonshire are of
working age. East Northamptonshire has a total
population of 87,400, equating to 12% of the total
population of Northamptonshire.
Corby
Kettering
There are 41,000 people in Corby of working age. The majority of those are employed or in
self-employment. With the County, Corby has the 2nd lowest proportion of residents classed
as inactive.
Kettering has a total population of 94,800,
equating to 14% of the total population of
Northamptonshire – working age population of
59, 900.
Daventry
49,500 people in Daventry are of working age. Within the County, it has the 2nd highest
proportion of self-employed residents. Daventry also has the 2nd highest proportion of
residents classed as inactive.
Regional Profile:
Unemployment
Northamptonshire
In the last year, unemployment has remained steady or reduced across Northamptonshire. As a result, it is more
difficult to recruit staff and there is competition for labour due to a low number of unfilled vacancies per claimant.
All areas in Northamptonshire have shown a drop in unemployment - the largest decreases are in Wellingborough, Northampton, Daventry and Corby.
Drawbacks of employment in the county
Jobs are not distributed evenly across Northamptonshire. Northampton has 141,000 jobs for a working age population of 140,851 (a job density of 1) whilst East
Northamptonshire has 32,000 for a working age population of 54,971 (a job density of 0.58).
Northamptonshire residents are less likely to be employed in managerial and professional occupations (SOC 2010 Major Groups 1-3) than the national average.
Specifically, 37.8% of Northamptonshire residents were employed in these occupations compared with 41.1% nationally. However, this is slightly above the average for the
East Midlands of 37.1%. Conversely, Northamptonshire residents are more likely to be employed in elementary and operational occupations (SOC 2010 Major Groups 8-9);
22.1% compared to 18.3% nationally.
The occupation of residents in Northamptonshire varies considerably between the seven districts. Corby has a remarkably high proportion of workers employed in
elementary and operational occupations (SOC Major Groups 8-9) (37.3%) whilst South Northamptonshire has a higher than average proportion of workers employed in
managerial and professional occupations (SOC Major Groups 1-3) (46.3%).
Regional Profile:
Northamptonshire
Major industries
Logistics & distribution
High Performance Technologies
Northamptonshire is the heart of Europe’s largest concentration
of logistics and distributions operations. The ‘Golden Triangle’,
has a significant concentration of skills and knowledge in the
freight and logistics sectors existing in the area.
The HPT sector in Northamptonshire is best
known for its association with motorsport
and Formula One, with two teams based in
the county, as well as the Silverstone racing
circuit, the home of the British Grand Prix.
Overall, 7.0% of employees in Northamptonshire work in the logistics sector compared to
4.2% in the East Midlands and 3.4% in England. By district, it is an especially large employer in
Daventry (14.3%) and Corby (10.8%). This is due to the presence of the Daventry International
Rail Freight Terminal (DIRFT) – a large freight and warehousing facility near the village of Crick.
Northamptonshire and the surrounding areas are a well-established
location for high performance technology and companies in the
supply chain. Motorsport related business include suppliers such
as Cosworth in Northampton, the Mercedes AMG Petronas race
team in Brackley, and the Sahara Force India team at Silverstone.
However, engineering expertise in the county can be found across
a range of industries, including defence, aerospace, composites and
renewable energy.
.
Regional Profile:
Major industries
Food and Drink
The Food and Drink sector in Northamptonshire is also a significant employer
(46,000 jobs). A number of large companies including Weetabix, Carlsberg
UK, Whitworths, British Pepper and Spice & Alpro are based in the county. (Also
barley is a major revenue stream, with 16% of the UK’s brewing capacity based
in the county, making it one of the country’s most active areas in the brewing
industry.)
Furthermore, the county is responsible for 10% of the UK’s total wheat storage, milling and processing capacity.
One of the main drivers of growth of the sector is the county’s central geographic location and ease of access to UK and
international markets. This allows producers to reach their customers quickly, and reduces transportation costs.
The sector is worth £1.5billion to the Northamptonshire economy.
Northamptonshire
Regional Profile:
Workforce skills
Companies reporting difficulties to find skilled staff
A skilled workforce helps economies exploit new opportunities
in high value-added sectors; encourages greater investment
(including inward investment) and innovation; and, ultimately
supports economic growth and higher productivity.
Confidence remained high amongst businesses in Northamptonshire in the second quarter of
2014, however, manufacturers experienced difficulties in finding skilled staff. Within the service
sector 95% expect profitability to improve or remain the same over the coming year.
More companies had attempted to recruit new employees in Q2 with 58% of respondents
trying to hire new staff (up from 50% on Q1), 95% of manufacturing (up from 92%) and 70% of
service (up from 66%) opportunities were for full-time jobs.
Companies had reported difficulties in trying to find appropriate employees – in particular the
challenges related to sourcing skilled manual/technical staff.
Northamptonshire
The manufacturer industry has long cited
issues with finding skilled staff to fulfil
positions. The government must work more
with leading companies as well as colleges
and universities to inspire young people into
industries with a skill shortage so that UK can
continue to compete globally.
Furthermore, there are over 1,000 companies that make up the High
Performance Technologies Network (HPT) in Northamptonshire
and they play a crucial part in the economic growth of the region;
therefore developing engineers with the necessary skills and
knowledge required for future development and growth of the HPT
industry in Northamptonshire is crucial.
.
Regional Profile:
Northamptonshire
Workforce skills
Need to attract higher value added jobs
Whilst employment levels are high in Northamptonshire, the
‘calibre’ of it is relatively low. Comparator LEPs such as Swindon
& Wiltshire and Gloucestershire have a higher concentration
of employment in the higher value added information &
communication, and professional, scientific and technical sectors.
Skills profile
.
Therefore efforts must be made to address the local economy’s sector structure and attract
higher value added jobs in sectors such as professional, scientific & technical services,
information and communications and financial and insurance activities especially given that the
contraction in manufacturing employment is set to continue.
No qualifications
8.6%
NVQ 1 +
14.3%
NVQ 2 +
19.8%
NVQ 3 +
17.7%
NVQ 4 +
27.5%
Regional Profile:
Workforce Skills
Labour market strengths
• Lower unemployment rate than the East Midlands or
England
Labour market weaknesses
• High concentration of employment and skills in
the distribution/logistics sector – partly due to
Northamptonshire’s geographic location
• Percentage of employees that are in higher level
occupations is low (39%) – below the regional and
national average
• Competitive labour costs in comparison with the
East Midlands and England – and key competitor
areas
• Whilst employment levels are high, comparator
LEPs such as Swindon & Wiltshire and
Gloucestershire have a higher concentration of
employment in high value added sectors
• Heavily private sector oriented economy – means
the county is relatively well placed to absorb the
impact of public sector cuts
• Percentage of 18-24 year olds claiming JSA for
more than a year (16.4%) lower than East Midlands or
England
• Close proximity to world class universities including
Cambridge and Oxford
• Poor skills profile, with the percentage of
population with NVQ4 or higher (27.5%) below the
regional and national average
Northamptonshire
• Northamptonshire has a fairly poor ranking in terms
of NVQ level 4 skills.
• Proportion of claimants that are 18-24 is above the
regional and national average
• Reliance on manufacturing for employment – but
the sector is forecast to lose around 4,000 more
jobs over the next decade.
• Percentage of pupils that achieved 5 GCSEs at
grades A*- C was is below the regional and national
average
The percentage of people with NVQ level 4 qualifications in England and the East Midlands increased (+4.4
and +2.6 percentage points) but in Northamptonshire over the same time period, the percentage fell by 0.1
percentage points. A highly skilled supply of labour is often a key determinant for companies considering
investing in an area, so if Northamptonshire is to attract investment in high value added sectors and address
support for existing companies, the skills gap must be addressed.
Regional Profile:
Northamptonshire
Workforce Skills
University of Northampton
The University of Northampton is the only university in the
county and is a medium-sized University with over 12,000
students based on two Northampton-based campuses.
• The most common occupations for leavers to be employed in
were teaching and research professionals
Following graduation:
Vacancies are an indication of the match
between skills and available jobs. JobCentre notified vacancies by occupation in
Northamptonshire in November 2013 were
largest in:
Full time paid work
Assumed to be unemployed
57.4%
6.1%
Work & further study
Not available for employment
14.5%
2.2%
Part time paid work
Assumed to be unemployed
19.8%
1.5%
• (14.1%), health and social welfare professionals (11.3%) and
administrative occupations (8.5%)
• Transport and mobile machine drivers and operatives
• Elementary trades, plant and storage related occupations; and
• Business and public service professionals.
Undertook further study
8.9%
Regional Profile:
Northamptonshire
Summary
Competing cities
Northamptonshire’s location puts it in competition with
surrounding areas such as; Milton Keynes, Luton, Coventry
and Birmingham and for the county to compete with
these surrounding areas, it is essential that there is suitable
infrastructure and employment land to provide premises for
new, existing and expanding businesses. The availability of high
quality space is vital in ensuring the county can compete with
its neighbouring areas.
Northamptonshire’s economic growth will be based on the strength of its business community.
Northamptonshire already has one of the fastest rates of population growth in the UK and this
is forecast to continue, driven by an influx of younger people and higher birth rates.
Tackling skill shortages
Labour shortages occur in an occupation
when the number of new job openings,
available as a result of retirement or an
increased demand for people with the skills
to fill these positions, is higher than the
number of new job seekers.
Addressing skills shortages is now crucial because too often,
applicants for available jobs do not have the necessary skill
requirements, meaning jobs go unfilled, projects are not started,
and a region’s economy consequently suffers. Thus every company,
county and country is now in competition to attract the most
talented and skilled employees.
Regional Profile:
Summary
Why is workforce planning important?
Workforce planning is a continuous process of shaping the workforce to ensure
that it is capable of delivering organisational objectives now and in the future;
thus every city and county needs a strong and proficient workforce to enable it to
prosper and to actively compete in today’s increasingly competitive global market.
Workforce planning enables a city to improve efficiency, effectiveness and productivity by having employees with the right
knowledge and skills and who are a good fit for the job they are in, which in turn strengthens an organisation’s capacity to
achieve business targets.
Northamptonshire
Regional Profile:
Summary
Advantages of recruiting young people
Young people often have an abundance of energy and a natural
thirst for knowledge, which can rub off on colleagues and help
invigorate the workplace.
As a recruitment agency we witness how young people tend to push
themselves, wanting to make a lasting impression and prove what
they can do. Their sheer determination to complete their work
can inspire colleagues around them. Therefore, if a company
puts sufficient time and thought into recruiting young
people, it can subsequently provide a very positive return
on investment.
Northamptonshire
There are clear business benefits
to employing young people
It is crucial for the wellbeing of young people that businesses
throughout Worcestershire take real ownership for skills
development and good job creation because it is by local employers
accepting responsibility that the whole community will achieve a
positive impact and sustainable employment.
Fresh ideas
It is also important to remember that any young person could be
the next Bill Gates or Mark Zuckerberg. In addition, although they
lack experience, new young people are generally easier to train, due
to being driven and eager to excel.
Regional Profile:
Summary
Cordant’s objective
Northamptonshire
At Cordant People we understand that every organisation needs a constant supply of candidates
with the necessary skills because this is the foundation of business success and we appreciate
that it is the educational policies, not economic conditions, which is the essential element of
confronting our present global talent mismatch.
If we consider the adopted training method of a professional athlete, he/she will cultivate speed and focus in order to deliver in
the short term but will sustain flexibility and long-term stamina for the long-run.
It is therefore imperative that representatives of companies throughout the county, together with colleges and the
University of Northampton, should strategically consider methods of attracting students into their industry by creating
incentive and lucrative offers to influence an increased steady input of talented individuals to sustain, develop and
secure the future economy of Northamptonshire.
Regional Profile:
Summary
Cordant’s objective (continued)
Cordant People 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 Cordant People we recognise, completely, that the long-term economic health of towns and cities rests on
investment in citizens’ skills and professional qualifications.
Also 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 Northamptonshire to recruit and employ successful candidates in order
that they may fulfil business targets and compete in today’s increasingly competitive global markets.
Northamptonshire
Cordant People
Supporting local businesses with their employment needs.
Be Integral

Labour Market Profile

Transcription

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