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Economic Development

Midlands leading the º£½ÇÊÓÆµ recovery, says recruitment firm Hays

Global recruitment giant Hays say the region’s ‘fantastically broad-based economy’ is helping power the º£½ÇÊÓÆµ’s fightback from the downturn.

West Midlands has a positive outlook for manufacturing and business, says Hays MD Mark Staniland

The West Midlands is in pole position to drive forward the º£½ÇÊÓÆµ’s recovery from recession – but skills shortages could prove a major stumbling block.

Global recruitment giant Hays say the region’s ‘fantastically broad-based economy,’ with construction, automotive and education all on the upturn, is helping power the º£½ÇÊÓÆµ’s fightback from the downturn.

But Hays, the º£½ÇÊÓÆµ’s leading white-collar professional recruiter, says the region must bridge the skills gap to retain the momentum of recovery.

Mark Staniland, managing director of Hays in the Midlands, said: “We are leading the way in the º£½ÇÊÓÆµ in terms of driving forward demand for staff.

"Because it is such a fantastic broad-based economy, both for manufacturing and the business sector, I think the Midlands outlook is very positive.

“We have gone from a situation a year ago of staff availability to resolving severe skills shortages. This could hamper the growth of some organisations.

“The Midlands has been leading the way in growth rates. The economy is one of the best broad-based economies in the country and the success of the likes of JLR and JCB has helped support the success of a supply chain of organisations.

"There has been an accelerating demand from SMEs throughout 2013 as we go into 2014.