23,000 new private sector jobs created across region
MORE than 23,000 new private sectors jobs were created across the Greater Birmingham & Solihull Local Enterprise Partnership area during 2016, according to new data.
The region recorded 750,000 private sector jobs in 2016, compared with 727,000 in 2015, a 3.2 per cent rise, according to data released by the Office for National Statistics. This outperformed the average across England, which was 2.3 per cent.
The LEP is aiming to deliver 250,000 private sector jobs between 2010 and 2030 and has now reached 55 per cent of its target, with 136,605 new jobs generated since 2010.
Companies creating jobs here in 2016 included Chinese auto giant Changan in Solihull, international e-commerce and logistics company One World Express in Birmingham and Norwegian manufacturer Orkla House Care in Bromsgrove. The LEP area is home to nearly 80,000 compa- nies, including 1,544 international firms. Its local economy grew by 4.7 per cent in 2015, the highest increase of any core city LEP area in the UK, with the region’s GVA now worth £44.5 billion.
LEP chairman Steve Hollis said: “This region is entering an exciting period of change, with huge levels of investment developing our transport infrastructure, upskilling our workforce and supporting the growth ambitions of our businesses.
“The ongoing transformation of Greater Birmingham demonstrates that this is a highly attractive place for companies to locate and grow – generating thousands of jobs in the process.
“Boosting job creation across Greater Birmingham opens up new and exciting opportunities for the people who live here.
“By improving employment levels, the region is creating more prosperity, inspiring entrepreneurialism and maintaining a high quality of life.”