A report by The Manchester Independent Economic Review (MIER) Understanding Labour Markets, Skills and Talent, (March 2009) provides an in-depth assessment of Manchester’s labour markets and the forces that have driven its dramatic change over the past two decades.

The report has found that:

• the city-region’s economy has been transformed over the last 25 years, with more of its population employed in the knowledge based industries of financial and business services than ever before (120% increase since 1981);
• for most sectors, Manchester has a greater proportion of its workforce employed in knowledge based industries, than in other regional UK cities;
• employment in knowledge based industries has had an impact across the city-region, although the central and southern areas have benefitted more, as a greater level of highly-skilled workers reside there;
• the report reveals the city-region regularly out-performs its competitor cities with regards to offering high-skilled jobs and retaining and providing the talent required to fill those jobs;

However…

• Manchester’s performance in terms of highly skilled jobs and people is not matched by its productivity performance. This is due to the fact that productivity of the most skilled workers depends on the skills and productivity of those around them, and there are relatively high levels of people lacking qualifications within the workforce as a whole.

To view and download the report, please visit www.manchester-review.org.uk, or contact the MIER Secretariat.

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Author:

Manchester Independent Economic Review

Publisher:

The Royal Town Planning Institute

Date:

04-Mar-09

Categories:

Espon 

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