LMI Bulletin 13/07/2018 (Issue 375)

Produced by the LMI Team at Education Development Trust 

LMI Bulletin 13/07/2018 (Issue 375)

Job Gains and Losses

Back in 2016, Peak Resources, an Australian minerals company, announced its plans to establish a minerals processing site at Wilton on the Tees.  Building work is now underway and an average of 280 contractors will be needed while the site is being built, rising to 420 at peak construction phases - with a further 140 permanent staff needed.

DFH Transport Ltd has purchased OSE European Ltd, based in Gateshead, therefore safeguarding 43 jobs (Bdaily).

Marks and Spencer confirmed at their annual general meeting they will be closing 100 stores within the next two years as part of a restructuring. This includes the Stockton and Darlington branches. M&S is also saying that they do not expect this to be the end of their restructuring and more closures are likely. (The Chronicle).

Poundworld has announced that they will close 25 stores, resulting in 242 job losses.Stores affected in the North East are Wallsend in Newcastle and North Shields (BBC).

News

Renewables
A publication aimed at encouraging people into the offshore sector from RenewableUK. It came out last month but passed us by. Renewable UK has been around since 1978 and descries itself as  the country’s leading renewable energy trade association with over 400 members.
NB If you want to know about energy production in the UK then look at The Digest of UK Energy Statistics. The 2018 should be released soon. Contains more stats than there are wind turbines in the UK.

ESF Funding
European funding is still coming into the UK and Gateshead College has been successful in winning £6.4m from the European Social Fund. Part of the money will be earmarked for businesses that want to develop and strengthen their workforce, while the rest of the cash will support individuals who are looking to get back into work, progress in their current job or start their own business. The college has been successful in the past and in 2016 used £15m on their Go>Grow programme to benefit, amongst others, Beamish Museum (hence the photo featuring Michelle Lagar, formerly of this parish).

Labour market myths: 'Graduates all work for big businesses'
A short piece from Prospects using data from the Destination of Leavers from Higher Education to challenge the preconception that all graduates work for large businesses. 

  • 34% of graduates were employed by a company that had fewer than 250 employees
  • one in six worked for a business with fewer than 50 employees.
  • Working for SMEs is particularly common in design, architecture, the arts, PR, sport, and web design professions.

We left out the bit about the South East and London having the strongest SME market for graduates as you can only deal with so much bad news in 24 hours.

Higher and Degree Vacancy Listing June 2018
The Higher and Degree Apprenticeship Listing of all the higher and degree vacancies that are live on Find an apprenticeship. (codenamed Infinite Possibilities in an Elizabethan script)

 

 

 

Bulletin date: 
Thursday, July 12, 2018 - 10:00