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Development in North East promises exciting growth in jobs market

Posted by
02 Aug 2017
Teeside GrowthIn 2015 Sahaviriya Steel Industries (SSI) closed its doors, resulting in over 3,000 redundancies, with workers from the plant and supply chain facing unemployment. This was a devastating blow for the steel industry in the North East, and consequently left hundreds of businesses in the area in debt, bringing them to their knees and resulting in further unemployment.
   
In the aftermath, competition in the market was fierce as candidates were all searching for the same jobs, forcing many to leave the North East to find work further afield. Others battled on trying to find work close to home and were seeking support from the government. Many candidates were applying for the same opportunities that their former colleagues applied for and even taking on roles at a lower level just to provide for their families.  

After a tough few years Teesside and the North East finally seems to be up on the rise; the region is no longer the unemployment capital of the country and data shows that the number of job per person in Teesside is growing. However, there are still not enough roles for every working age person and 12 percent of workers in Teesside have taken to self-employment – double what it was a few years ago.  

the media has announced some exciting news in regards to new development and growth; bosses at Stokesley based Quorn Foods have unveiled plans to create 300 jobs over the next five years and invest £150 million in the business by expanding their sites in Billingham and Stokesley. 

Middlesbrough Council have also announced that they are committed to investing £74 million into a number of exciting developments which should create 5,000 new jobs over the next four years in the town, in tandem with more than £600 million of inward investment from the private sector and other parts of the public sector.

With plans for more investment to Teesside unemployment figures should continue to plummet to an all-time low, which will have a butterfly effect on the community and economy within the North East. 
Given the above, there is a lot of work out there and it is important that with all the investment coming to Teesside that companies prepare themselves for the growth before it arrives! 
To discuss the recent developments in the North East even further, please contact me 0191 261 8585 or email rebecca.hutton@sellickpartnership.co.uk. Alternatively, browse through our latest Teesside roles. Browse Roles

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