Workforce & Training
Through our local authority partners and their partnership working with a multitude of organisations, we are able to help you source the right workforce with the right skills for your business. As the region has a great diversity of business sectors the skills for your business are most likely to already exist. The number of Universities located in the region also ensures a ready supply of graduate calibre recruits and the universities also offer graduate placement schemes.
South East Wales has a population of over 1.5 million people, and the excellent transport links, ensure that all the working population have the opportunity to work anywhere in the region. This ability to commute is one reason why the Newport/Cardiff area has been very successful in securing investment in financial services, professional services and contact centres.
Being home to over 1.5 million people gives you the advantage of a multi-talented, multi-skilled workforce at your disposal meaning that no matter what your industry there is a workforce in the region with the skills you need.
The South East Wales Labour Market:
- 97% of the working population hold a qualification 31% of which hold NVQ level 4 or above
- The Gross Weekly wage is £529.50, lower than the UK average.
- 12% of the labour market are in skilled trades
Workforce Availability:
In South East Wales we have a workforce with the skills set that your business wants, and if they don’t then we’ll help you find a training programme that does provide the skills you need. The unemployment rate in the region is currently 4.4% (July 2011), slightly above the UK average rate of 3.7%. Programmes such as Welsh Governments ReAct II support businesses that employ workers who have been made redundant reducing the unemployment rate whilst increasing the skills set and experience of your workforce.
