Migration to the suburbs boosts local job market

Migration to the suburbs boosts local job market

Employment levels rose significantly in the Milton Keynes area in 2014, partly as a result of the ongoing property boom that is taking place in the region.

suburbsThe latest employment trends analysis from Venn Group, the contract recruitment specialists, found that vacancies have risen by 17.8 percent year-on-year. Reports suggest that much of this activity has been driven by an increasing demand for affordable housing which is prompting buyers to look outside of London. As a result, the Milton Keynes area has benefitted and professionals in a range of sectors are now highly sought after by firms. This is in line with the completion of a local growth deal which aims to create at least 3,000 jobs and 4,000 new homes by 2021 and will pay for 10 transport, infrastructure and skills projects in the area.

Avtar Singh, Venn Group’s Director of Operations in the region commented on the findings. “The growing numbers of individuals and families upping sticks and looking to purchase property in the region is certainly behind at least some of the job growth. This increased investment in Milton Keynes property is adding funds to the coffers of local businesses which are now looking to expand. The majority of demand has been seen, perhaps unsurprisingly, in the housing sector with management level professionals particularly sought after at the moment. We’ve also noted a growing requirement for healthcare professionals, which is potentially down to the number of people migrating to the region. A rising population means that authorities require greater numbers of health workers to ensure that high standards are maintained and this is largely behind the demand for such specialists. At the moment, we’ve noted that professionals with experience of working in administrative or communications roles in the sector are able to walk into jobs and this demand can be expected to continue well into 2015.”
 

Read more

Latest News

Read More

How to develop future high performers

28 November 2024

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

University of Leeds – Professional Services – Human ResourcesSalary: £39,105 to £46,485 per annum (depending on experience) Grade 7

HR M&A Expertise: Extensive experience having led 10+ mergers and acquisitions within or for a global organization, focusing on HR due diligence and integration planning.

Lead and manage the HR team of 4, comprising a Recruitment Advisor, HR Advisor, Senior HR Advisor, and Senior Payroll Advisor. The Executive Director –

The role of the Human Resources Director is to ensure the HR effectiveness of Connected Places Catapult by developing and implementing the people plan in

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE