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Is Liverpool’s Growing Economy Set To Open Thousands More Jobs?

Published: Wednesday 25th September 2019

Liverpool’s economy encompasses a wide range of activity, being one of the largest cities in the UK. The city sits at the centre of the Merseyside economic area, which is itself one of the two core economies of the North West.

View of Albert Dock and Three Graces building in Liverpool in a beautiful summer day

Interesting Key Facts

Liverpool’s Top Hiring Industries

Partnering with multiple organisations, the LEP (Local Enterprise Partnership) continually invest in a number of key growth sectors of genuine strength and economic opportunity to keep enabling growth and new jobs creation.

Advanced Manufacturing – Manufacturing plays a vital role to Liverpool’s economy. The sector employs more than 50,000 people in 3,000 companies with an impressive contribution of £3.2 billion. Major manufacturing companies include Jaguar Land Rover, Unilever, Pilkington as well as several SMEs  and manufacturing start-ups.

Attractive young female scientist and her senior male supervisor looking at the cell colony grown in the petri dish

Health & Life Sciences – Liverpool sets one of three main concentrations of Life Science clusters nationwide. The city  is a global hub for research and development (R&D) and innovation, focusing in particular on infectious diseases, bio-manufacturing and digital health, including Artificial Intelligence. It employs nearly 125,000 staff, making it home to more specialist hospitals and health centres than any other UK city apart from London.

Professional & Business Services – Liverpool’s Professional & Business Services sector offers market proximity and a strong talent pool. In fact, more than 20,000 students study related courses. It supports 107,000 employees and nearly 12,000 companies, generating more than £8 billion making it the largest sector in terms of GVA. On top of that, this sector has experienced an increase of over 20,000 new jobs in the past 20 years.

Hospitality & Tourism Industry – The hospitality and tourism industry support over 57,000 jobs and continue to develop as a major growth sector, boosting Liverpool’s economy and global reputation.

Low Carbon & Renewable SectorThe low carbon sector contributes more than £2 billion to Liverpool’s economy supporting over 1,400 companies as well as 22,000 staff.

Regenerating Liverpool – The Green City Deal

Concept of an agreement green energy.

As part of Liverpool’s regeneration plan, the Green City Deal aims to tackle climate change while boosting the city’s economy. The vision’s goal is to not only achieve inclusive growth and opportunities for all citizens but also to secure a sustainable city in the long-term.

This new deal will drive a huge economic boost of up to £5 billion over the next five years enabling the region to turn carbon neutral. It will have a positive impact on clean air, smarter travel and new jobs creation. In fact, a total of 10,000 new jobs are estimated to be created in the following years. In addition, it is bound to provide work to 35,000 people and training to 4,000 apprentices allowing people of all ages to work in new industries based on a cleaner, greener economy.

Zoek’s Active Support in Liverpool’s Employability Rates

Zoek Liverpool campaigns

Realising that with £20 billion of investment opportunities, 58,000 students and 30,000 graduates each year, Liverpool can set a gateway to job seekers’ future, Zoek actively support local employment rates.

How? By partnering up with top local employers, agencies and recruiters to spread the word out on available job postings throughout different industries in the city. Supporting the local community and charities, Zoek offers free advertising to all NGOs. Finally, we continually invest into large marketing campaigns to help not only job seekers know where to look for vacancies but also help top employers boost their brand by benefiting from our nationwide coverage.

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