23,000 new pri­vate sec­tor jobs cre­ated across re­gion

Birmingham Post - - NEWS -

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.”

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