With the right support from the new Government, we believe we can build on our reputation as a working North East.
Jonathan Walker, head of policy and campaigns, North East England Chamber of Commerce said: “These figures build on the good news we saw last month and confirm the remarkable improvements we have seen in our labour market in recent months. Significant increases in employment and falls in unemployment demonstrate the opportunities available in the North East as we continue to progress faster than many other parts of the UK.
“Exceptional changes in data such as this can sometimes prove to be a blip, but the long term trends are clearly moving in the right direction. With the right support from the new Government, we believe we can build on our reputation as a working North East.”
Investment in new technology and an on-going recruitment drive have placed an ambitious North East automotive clean-tech business at the cutting edge of electric and hybrid vehicle development. AVID Technology in Cramlington is a leader in the design and manufacture of electrified powertrain and advanced thermal management systems. With a proven track record for supporting programs from concept to production, AVID’s customer base has expanded globally to include leading vehicle manufacturers, tier one suppliers including Caterpillar, Daimler and Wrightbus.
AVID has more than doubled in size in the last 18 months, now employing 60 people and managing director Ryan Maughan says the growth in headcount is set to continue: “We have invested over £1 million in the expansion of our manufacturing capabilities and are actively seeking to expand our team with new opportunities in mechanical and electronic engineering, embedded software, sales and marketing, production and other support functions within the business,” said Ryan.
“As vehicle manufacturers move to electrified drive trains to reduce CO2 emissions and improve air quality AVID is well positioned to capitalise on the rapid growth in that market. We are seeing new demand for our proprietary high performance electronics and motor technology in other rapidly growing markets such as robotics.”
- Employment in the North East stands at 1,222,000 or 72.2% - an increase of 21,000 over the quarter and 26,000 over the year. This compares to a rate of 74.8% nationally.
- North East unemployment stands at 70,000 or 5.4% - a fall of 18,000 over the quarter and 25,000 over the year. This compares to a rate of 4.6% nationally.
- The claimant count stands at 52,100 or 4.1% in the North East.
- This data covers the period February to April 2017. The next release is on 12 July 2017.