Data shows positive jobs growth for Yorkshire and Humber
A new Economic Tracker from NatWest highlights that the Yorkshire and Humber region has shown the highest rate of job growth in the UK for quarter three of 2015. Responding to the news, Roger Marsh OBE, Chair of the Leeds City Region Enterprise Partnership (LEP) and Board Member of the West Yorkshire Combined Authority, said:
“These kind of figures are always welcome and support what we in Leeds City Region have long been saying: that growth in our area – which drives 55% of the Yorkshire economy and more than one-fifth of the North’s – is key to realising the full economic potential of the government’s Northern Powerhouse project, and to a stronger, fairer, more competitive national economy.
“While our City Region does face a number of challenges, we are on track to create around 36,000 additional jobs over the next 20 years as a result of devolved funding the LEP and West Yorkshire Combined Authority have secured so far. Analysis like this shows the potential for further growth in the region, and with the right levels of targeted investment and strong local leadership through meaningful devolution, we could create a true powerhouse economy in the North to compete globally for the UK while offering better economic opportunities for all who live and work here.
“This is why we, alongside local politicians and many leading business organisations, are calling for the Leeds City Region’s devolution deal with government to be finalised as soon as possible – so that Yorkshire can begin sharing in the benefits of devolution quickly, while also making its full contribution alongside our northern neighbours to a more prosperous UK economy.”
More information can be found here.