Latest News | 20 January 2015
Derby Named as Top 10 City for Job Creation
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“Derby has seen business stock grow by a fifth over a ten-year period, matched by a 7% increase in net jobs, above the national average.”
Due to the large amount of private sector jobs created in the last ten years, Derby has been named a top ten city for job creation in the Cities Outlook 2015 report by independent think-tank, Centre for Cities.
Between 2004 and 2013, Debry achieved a net increase of private sector jobs of 6,343, a rise of 7.6%, comparable only to London, Cambridge and Milton Keynes.
An even better statistic was that each worker produces on average £56,900 worth of goods and services – 9th in the UK.
Home to Rolls-Royce, Toyota and Bombardier as well as a focus on the hi-tech supply chain industry, Derby's manufacturing prowess helped it achieve the second highest number of people employed in the manufacturing sector with a whopping figure of 21,400.
Centre for Cities has identified Derby as one of the best places for super-fast digital broadband with 85.5% availability – better than Nottingham, following places such as Luton and Brighton.
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“This report makes the strongest economic case yet for the next Government to step up to the challenge of investing in the long-term success of our cities, and build a brighter future in which mor apple and places can contribute to, and share in, prosperity and growth.”