The Local Labour Market

What is a Labour Market?

A labour market is a mechanism which matches potential employers of people – the demand for labour – with people who are available for work – the labour supply. Labour markets operate at local, regional, national and increasingly international levels, reflecting how economies operate.

Employment Sectors

There are hundreds of career options in the labour market, and thousands of jobs advertised on behalf of employers. Careers are generally grouped into similar types, called sectors.

SectorAreas of jobs/careers in this sector
Retail and Commercial EnterpriseRetail
Hospitality & Catering
Beauty Therapy
Facilities Management
Environmental Services
Leisure, Travel & TourismLeisure & Sports
Travel Services
Aviation Operations
Cabin Crew
Business, Administration & LawAccounting & Book keeping
Business & Administration
Customer Service
Providing Financial Services
Information & Communication TechnologyICT & Telecoms
Local Authority
Large private sector companies
Health, Public Services & CareHealth & Social Care
Children & Youth Work
Healthcare Support
Dental Nursing
Pharmacy Services & Technicians
Optical Retail
Housing Support
Fire Services
Libraries & Records Management
Construction Planning & the Built EnvironmentConstruction
Electrical & Electronic Servicing
Air conditioning & Refrigeration
Engineering & Manufacturing TechnologiesEngineering & Technology
Vehicle Maintenance & Repair
Bus & Coach Engineering & Maintenance
Bus & Coach Driving
Rail Transport Engineering & Services
Laboratory Technicians
Marine Industry
Glass Industry
Food Manufacture
Furniture & Interiors
Art, Media & PublishingDesign
Creative & Digital Media
Photo Imaging

Public, Private or Voluntary?

Sectors can also refer to whether a career or job is in the private, public or  third sector.

The private sector refers to businesses that are privately owned, either by an individual or shareholders. Public sector jobs are those in the government or its associated agencies, while the Voluntary sector refers to voluntary organisations (also known as charities) that are generally non-profit making.

Opportunities within the Warwickshire economy

The economy of Warwickshire is broad and varied, and home to some 240,000 jobs across a range of different business sectors and types of occupations.  The graph below shows the distribution of jobs in Warwickshire across the various different types of business sectors.

Local Labour Market graph

Source: TBR

Where Job opportunities come from

Job opportunities come from two sources – new jobs are created as organisations and business change and grow, or existing jobs need to be filled as employees retire or move on to a different job.  It is important to consider both of these routes to employment, as focussing on just one can sometimes be misleading or provide incomplete information.

  • New jobs – it is clear that the new jobs being created will be more focussed around the current stronger parts of the economy, and with the skill sets that businesses need to exploit these opportunities.  Within Warwickshire, the broad areas of the economy that are currently doing well are:
    • Manufacturing and engineering – Warwickshire is home to both a number of large, world class manufacturing businesses and a wide range of smaller firms who have been experiencing strong growth in recent years. In particular, the UK (and Warwickshire in particular) is increasingly focussing on the research, development and testing of new products and manufacturing processes – as opposed to the more large-scale factory based manufacturing of goods. Such new areas include the development of new low carbon and more environmentally friendly vehicles, renewable energy, and the interactions between computers, software & applications, and motor vehicles. Occupations within these sectors are generally quite technical and highly skilled, requiring individuals to have a good understanding of science, technology and maths.
    • Digital media and ICT – Warwickshire is home to a significant number of world leading software games and applications producers, and has strengths in website development and the application of digital media technologies into business and manufacturing activity.  Again, occupations in this area of the economy are generally quite specialist and highly skilled, with a focus on science, technology and maths.
    • Distribution & Logistics – Warwickshire is extremely well located in the centre of the country and close to many key transport routes (by road, rail and air).  As such, the county has attracted many distribution & logistics companies who employ a large number of people.  Occupations within this sector can be quite varied, from highly skilled logistical planning and freight management, to drivers and office work (accounts, sales, marketing, etc.), to more entry level picking and packing work in distribution centres.
    • Health and social care – Warwickshire has a large and growing elderly population, creating increasing demand for adult social care services.  There is significant growth in the provision of care homes and assisted living to help older people stay in their own homes.  Again, this broad sector has a range of occupations, to highly qualified medical work to more entry level care activity.
  • Existing jobs – these are much more varied, and can occur across the whole economy.  However, there are clearly increased employment opportunities within industries that have a higher proportion of older workers (and so facing more opportunities through retirement) or in those areas that have a high level of staff turnover.  These include service sector employment jobs in:
    • Retail,
    • Hotels and restaurants,
    • Adult Care

Skills demanded by employers

When considering the skills that are being demanded by employers, there are two broad areas to look at.  The first are the particular technical or specialist skills that are demanded for that particular employer/business sector.  The need for these technical skills are clearly the priority for employers, as they need individuals who can do the work that is required.

However, beyond these technical skills, employers frequently identify the need for softer skills that are not necessarily directly related to the job in question but which are seen as fundamental requirements for employment.  These softer skills include dealing with customers, communication skills, team working, etc.

The chart below highlights the main gaps in skills identified by businesses in Warwickshire when they are looking to fill their job vacancies.

Skills types

Source: National Employers Skills Survey 2009

The Local Labour Market was last updated on April 25, 2017.