Friday, 7th February 2014
Reading is named as best in the UK for employment
Centre for Cities report shows that the percentage of people employed in the town has increased by 1.8 per cent on 2013, putting the employment rate at an impressive 78.1 per cent overall.
27 Jan 2014 13:33
Centre for Cities puts the Reading employment rate at 78.1 per cent overall
Reading has been named as the number one place in the UK for employment according to a new report published today.
The highly-regarded Centre for Cities report shows that the percentage of people employed in the town has increased by 1.8 per cent on 2013, putting the employment rate at an impressive 78.1 per cent overall which, according to the report, points to “a well-functioning labour market, with the demand for workers amongst employers being high.”
The town also performed well when judged on average weekly earnings, coming second only to London, and coming fifth for the amount of business start ups.
Nigel Horton-Baker, executive director for Reading UK CIC, the economic development company for the town, said: “The Centre for Cities report is a useful indicator of Reading’s strong economic performance in recent years.
“Reading exhibits consistent growth, year on year, and this report amply demonstrates why the combination of a highly-qualified workforce, strong labour market and an earning potential which is closing the gap on London makes Reading a good choice of strategic location for businesses and employees alike.”
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