Northamptonshire firms report strong jobs growth in early 2015

Northamptonshire firms have reported strong jobs growth in recent months
Northamptonshire firms have reported strong jobs growth in recent months

Firms in Northamptonshire are experiencing strong jobs growth as employers looked to increase their workforce at the start of 2015, according to the latest Northamptonshire Chamber of Commerce Quarterly Economic Survey.

The report for the first quarter of 2015, which contains responses from 98 county businesses employing 3,371 people, also show that despite a slight dip in exports compared by manufacturers, global sales and advance orders remained at strong levels in in the county, and business confidence overall remained high.

Encouragingly, 96 per cent of manufacturing firms and 94 per cent of service sector respondents increased or kept the same level of workforce between January and March

However, the manufacturing sector still has difficulties recruiting, with 71 per cent of respondents experiencing challenges in finding employees, comparedwith 56 per cent in the service sector.

The vast majority of manufacturers and service sector respondents expect turnover to improve or stay the same over the next 12 months

Northamptonshire Chamber of Commerce chief executive Paul Griffiths said: “The first survey of 2015 shows a very positive start to the year for the countyeconomy.

“Confidence levels remain high and Northamptonshire firms are increasing their workforce – although pay settlements has crept back as concern for companies, it is an indication that as prices rise, employers are reviewing salaries. This is a potential sign of the economic recovery.”