Why there’s Never been a Better Time to Job Hunt in Essex
The Essex Economic Commission has recently put together a report on the greater Essex economy with a bid to double its output to £60 billion in 8 years’ time. The report reveals the county’s economic strengths and weaknesses, and sets out the ambitious plan to achieve 3% growth by 2025. This would make the county the fastest growing economy in the country!
The Strengths and Weakness of Essex
The county is in a fortunate position with its many international links by sea and air, as well as its close proximity to London. This makes it an ideal base for many new start up businesses. Indeed, the county saw growth in the number of start ups from just over 7000 in 2009 / 2010 to over 10,000 in 2012 / 2013, putting Essex ahead of the UK average.
However, fewer people in Essex are employed in the highest occupations in comparison to the UK average. Furthermore, the county is also behind the UK average in qualifications. This should not be a cause for concern for those job seeking within the county though; by identifying these issues, the county can now set about addressing these challenges.
Good News for Job Seekers
Obviously the potential growth can only be a good thing for job seekers. This will especially be so if the issues of qualifications and percentage of people employed in higher occupations are addressed.
Companies are being attracted to the county, and there has been a big push in recent months to bring in new start up businesses as well as SMEs and more established brands. This means that more and more jobs are opening up across the county, in a variety of sectors.
What are the Growth Areas?
As an example, the airline Jet2.com has recently created its newest base at Stansted Airport. This alone has created 1,700 new jobs in the county. Roles with Jet2 are as varied as pilots, cabin crew and ground operational staff. Similarly, with Crossrail due to operate within Essex shortly, and the redevelopment of Southend Airport, many companies are being attracted to the county.
Many of the City of London’s financial services are starting to locate eastwards, too. Companies such as Liverpool Victoria, RSA and International Financial Data Services are all establishing operations in Brentwood, Chelmsford and Basildon respectively.
Essex has always been a hub for medical sciences, and this sector will play a significant part in Essex’s growth plans too. Indeed, Essex County Council has invested £7 million in a MedTech zone in Harlow. This is to ensure that talent is nurtured and retained within the county.
If you’d like to benefit from the growth within Essex, financial recruitment agency MacKenzie King can help. We place candidates in a variety of roles across the county and pride ourselves in taking a personal approach to professional recruitment. Get in touch today to see how we could help with your next Essex based role.