UK Manufacturing sector bounces back

After 18 months of uncertainty, optimism is growing for the manufacturing sector with hiring at a record high – up 81% between Q1 2020 and Q1 2021.

Figures from Broadbean Technology also revealed that not only did vacancies rise significantly in the first three months of the year, but they also increased rapidly in comparison to pre-pandemic levels of hiring.

For example, in the week ending 28^th March, the number of roles advertised was up 129% when compared to the last week of March 2019.

Alex Fourlis, Managing Director at Broadbean Technology, commented on the findings, “It’s incredibly encouraging to see such positive news for the UK’s manufacturing arena which has been suffering at the hands of both Covid-19 and Brexit over the past 18 months. And while our data, and indeed that from the CBI, suggests that the tide is turning with both confidence and hiring intentions returning to manufacturing employers, it would be remiss to suggest that the recovery will be sustained.

“However, we are optimistic that the huge growth we are noting in vacancy numbers is indicative of a turning tide for employers and jobseekers in an arena that has been hit particularly hard over the last 18 months. It will be interesting to see how this plays out over the coming months as lockdown measures ease further and the vaccination programme continues at great pace”.

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