Figures released today confirm that Staffordshire will go into 2018 with near full employment – with more business investment planned across the county.
The number of people claiming out of work benefits in Staffordshire continues to be just one per cent of the local population, less than both regional (2.3 per cent) and national (1.9 per cent) averages.
On Friday a county council select committee will discuss a progress report on the economic growth picture in Staffordshire. It states that investment totalling nearly £400million has been made in the county since 2014 on projects that have been completed, are under construction or are being planned. For every £1 invested by the county council an additional £15 is levered in from the private sector and the Government.
Staffordshire County Council’s economic growth leader Mark Winnington said:
It is encouraging of course to go into 2018 with near full employment continuing and with ongoing business development at various county sites. We will see the completion of some major projects in the first part of the year which will ultimately create more jobs.
It is a priority of ours to remain focused on the creation of skilled jobs in Staffordshire. This is even more important when we are hit with devastating job loss announcements such as GE’s last week. We will be doing all we can to ensure people affected can make the most of opportunities existing and being created here.
We have a balanced economy in Staffordshire and with our partners we will be making every effort to make the conditions right for businesses of all sizes.”