Q3 Job Market Report
22 Oct, 2024
The Manchester job market is soaring
19 Dec, 20195 minsThe Manchester job market is soaring, and here's why...Renowned in the North of England as a...
The Manchester job market is soaring, and here's why...
Renowned in the North of England as an innovative city, Manchester is continuing to be a hot spot for jobs.
Recent data from TotalJobs found that the Manchester job market is performing well, over the past two years the city has seen a 39% rise in jobs. This is not only great news for candidates but for companies looking to move out of the high prices of London without losing out on top-tier talent.
This isn't news for a lot of businesses: between 2010 and 2018, start-ups accounted for 90% in new businesses establishing themselves in Manchester.
The city has built its reputation as a home for media, with Media City launching in Salford Quays back in 2013, bringing broadcasting giants the BBC and ITV to Manchester. Customer Service and Technology are thriving industries – these sectors see up to 20,000 job applications every month. Transport and Logistics have seen an even bigger boom, with an 81% increase in job applications from May 2018.
I know we mention this every time, but Manchester really does have a lot to offer for those who live and work there. It boasts half the total household rent of London ((£496 vs. £1,053), meaning money goes further. Plus, a good work-life balance (as Mancunians report the lowest over time compared to other Northern cities including Leeds and Newcastle), means that workers have plenty of spare time to enjoy their city.
Whether you're hiring or looking for a role. Please get in touch with our Manchester team: manchester@spherelondon.co.uk