Search Our Site

We have 2,946,733 registered online learners.
156 new learners so far today.

Strong growth in Yorkshire, but skills shortage remains

schedule 2 years, 8 months, 1 day ago by Virtual College in Virtual College

Job creation and economic growth in Yorkshire is strong, but the issue of skill shortages looms, according to three separate surveys.

In KPMG's survey of Northern recruitment consultants, it was revealed that although the number of permanent and temporary staff being hired is increasing, there is a lack of candidates with the skills most suited to the company.

On the other hand, business advisors BDO noted that hiring intentions are significantly greater and stronger than they were during the mid-2000s boom. Lending weight to this, Lloyd Bank Commercial's latest business activity index showed that private firms in Yorkshire are continuing to outperform the UK average.

Although this is good news for the region, BDO expressed concern surrounding the fact that a lack of productivity growth still remains.

Terry Jones, head of BDO Yorkshire, said: "While it is encouraging to see strong business confidence, the continuing poor labour productivity performance is a very significant concern. Although employment growth in recent years has been strong, much of this has been in part-time jobs.

"Productivity ultimately determines our prosperity so it is a crucial area that must be addressed. Policymakers of all persuasion must take on this productivity puzzle."

However, BDO's latest business activity index Output and Optimism Indices predict that economic growth in Yorkshire will continue to expand and remain above the 100 mark, with predictions of 103.9 in three months and 104.9 in six months' time - marking the highest business confidence levels since last summer.

Virtual College is one of the UK's leading providers of online training. We have developed a series of e-learning courses to help businesses manage recruitment and ensure the ongoing development of their staff. To find out more, please visit: http://www.virtual-college.co.uk/products/business.aspx

Virtual College logo

Author: Virtual College

The latest training news brought to you by Virtual College.

CPD
Investors
ISO 9001:2015
Microsoft
Crown Commercial Service Supplier

Contact

+44 (0)1943 605 976

info@virtual-college.co.uk

Marsel House

Ilkley, West Yorkshire

LS29 8DD

Awards for footer
Gold and silver award winners at the Learning Technologies Awards 2017 - including gold for excellence in the design of learning content.
Live Chat

Click to chat

Login

We launched a new website in February 2017. If you want to go back to a course, or start a course, bought before this date then you may need to login to our original learning management system. Otherwise, please proceed to our new learning management system to return to your training.

LMS

You are already logged in. Click the button below to be taken to your LMS dashboard. Alternatively, click logout to leave the system.