- The number of jobs in the Midlands was up 16% in January year-on-year.
- Fields where demand was particularly high included IT (up 18%) and legal (up 47%).
- The number of professionals seeking new roles has also increased by 15% compared to January 2015.
The latest Robert Walters Birmingham Jobs Index, which tracks the number of jobs available and candidates seeking jobs in Birmingham month-by-month, has revealed that employers in the Midlands are looking to expand, with vacancies up 19% compared to January last year.
The number of professionals seeking new roles has also seen significant growth over the same period, up 15% compared to January last year.
Chris Poole, Managing Director of Robert Walters Birmingham, comments:
“While economic growth across the UK as a whole has so far been steady in 2016, the Midlands is enjoying a particularly strong start to the year.”
“The region continues to offer an attractive location for major employers looking to relocate mid and back office functions outside of the Capital, particularly given the planned introduction of the HS2 railway line.”
“In addition to multinational companies basing operations in the region, Birmingham is also enjoying a strong startup culture in tech and IT fields, driven by lower overheads compared to London and the South East and a highly educated local workforce.”
LEGAL PROFESSIONALS IN DEMAND AS PRIVATE PRACTICE FIRMS EXPAND
Compared to January of 2015, demand for legal professionals in the Midlands has increased by 47% as private practice firms in the region have expanded. With the Midlands experiencing steady economic growth, increasing business activity is driving demand for legal professionals.
Commenting on the growth in demand for legal professionals, Manager for Legal recruitment Tom Pogmore comments:
“Private practice employers are enjoying significant growth fuelled by an increase in corporate and real estate activity.”
“Company mergers and acquisitions as well as major urban regeneration and retail expansion projects are driving demand for legal professionals within transactional disciplines across the Midlands.”
“Financial services employers are also providing a boost to legal recruitment in the Midlands. With pressure from regulators increasing, many banks and financial firms need to increase headcount in mid and back office functions, which have been nearshored in the Midlands.”
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