The Milton Keynes Job Market Economic Outlook 2014

The Milton Keynes Job Market: Economic Outlook The Milton Keynes Job Market: Economic Outlook The employment degree in Milton Keynes is increasing and the unemployment rate is low and falling. However, Milton Keynes Council remains committed to aiding in rising the Milton Keynes economic system, creating jobs and ensuring that Milton Keynes is open for business. The newest employment statistics present that the number of workers in Milton Keynes rose from 144,400 in 2012 to 154,300 in 2013, a rise of 9,900 staff (6.9%) in a year. This information highlights the soundness of Milton Keynes financial system, with job creation and the overall economic system being very strong. There have been many various components for this improving economy, together with major organisations opening in the space, excellent transport links and increased growth of work spaces and towns. Milton Keynes is a dynamic and growing city and the scale and pace of development, powered by investment in housing and employment, is a rarity within the UK. Many major retail organisations are relocating their m ain distribution hubs to the world, including leading UK retailers John Lewis and River Island. Other main business occupiers embrace Amazon, Volkswagen, House of Fraser and Cadbury. These companies have helped improve employment ranges in the area and continue to make sure Milton Keynes will remain a robust area for enterprise development in the next few years. Duport Associates Ltd, a number one UK company formation agent, which registers around 10,000 new companies every year within the UK have just lately produced a report which reveals there have been a powerful 757 new firms registered in Milton Keynes â€" greater than some other quarter on report and a 16% rise on the previous yr. A current survey from the Chamber of Commerce Training and Enterprise acknowledged that Milton Keynes was an excellent or wonderful location for their enterprise as a result of robust transport hyperlinks and on-going development. According to the latest Milton Keynes Chamber of Commerce Quarterly, companies are remaining confident with firms exhibiting robust performances within the abroad markets. There is evidence and recognition of Milton Keynes being the most effective place to work and do business, and this is clear within the following report carried out by Milton Keynes Council: Further jobs shall be out there inside Milton Keynes quickly, with Waitrose planning on opening a major new distribution centre in summer time 2015. It is believed that this will create extra jobs within the area, helping to enhance economic progress. Network rail has opened one national centre in Milton Keynes and have relocated roughly 2000 employees from their different centres into the area. This was a huge expansion and led to many people shifting their families into the realm. Network rail supported their determination by saying “We selected Milton Keynes as the site for our new hub because it provides a unbelievable lifestyle with all of the facilities of a significant city in the hear t of the countryside. It can be ideally placed halfway between London and Birmingham.” As nicely as many workers relocating to the areas, an extra 1000 jobs were created in the firm. The inflow of individuals this move has created has helped to front growing financial growth in the area and has helped the financial system to improve within the last year. As growth in Milton Keynes is increasing quickly, there shall be a must increase workplace area within the next few years. Milton Keynes has an unlimited amount of land which has been ear-marked for continued growth and enlargement inside the South East in the future. There have also been current residential developments with approximately four,800 new homes being constructed across the town centre, to resist the inflow of people coming to work in the region. Milton Keynes is in an excellent location for distribution amenities because of its quick access to major motorways and rail networks. This has helped to safe Milton Keynes a s some of the quickly creating areas in the UK. Looking for a career coach in Milton Keynes? The help from Personal Career Management, has enabled me to safe a fantastic new position, that exceeded my expectations initially of the method. David Barrett, Commercial Director My funding in Personal Career Management is the most worthwhile monetary funding I have made in my profession so far Joseph Carr, Director Personal Career Management have helped me acquire confidence with clarity on my lengthy-term targets Michael Ward, Operations Support Officer Personal Career Management directed me in the direction of improving my confidence, self-esteem and realising my professional worth Martha Koukidou,