New Swansea University campus helps to build confidence
THE new Swansea University campus is being credited for helping to boost confidence in the Welsh construction industry.
Up to 4,000 people are expected to be employed at the site during the height of construction. Work is progressing at the Fabian Way site.
According to the latest employment survey by Manpower there is a mixed picture in the job market in Wales.
Based on responses from 2,104 UK employers the Manpower Employment Outlook Survey asks whether employers intend to hire additional workers or reduce the size of their workforce in the coming economic quarter.
Employers in Wales report a Net Employment Outlook of plus four per cent which has fallen from a best-in-year score of plus 11 per cent last quarter.
Manpower operations manager Andrew Shellard said: "This quarter has seen rises and falls in activity depending on sector and this has led to a fall in confidence from last quarter, although the outlook in Wales is still fair.
"There has been a dip in activity in the commercial sector, and admin and sales jobs are also down.
"The majority of new business is coming from engineering and industrial sectors.
"The new campus for Swansea University has also created new jobs, both relating to the university and the construction of the campus.
"However particularly in the engineering sector, employers are struggling to find the right calibre of candidate with the skill set they are looking for and our advice to candidates is be proactive and to not undersell yourself."
Meanwhile the UK Government says an employment boom created by the private sector has seen the number of jobs in Wales boosted by 56,000 since 2010.
Employment Minister Mark Hoban has praised businesses – big and small - in Wales for stepping up to the mark and creating jobs.
It brings the total working in the private sector in Wales to 962,000.
Mr Hoban said it more than offsetting the 20,000 reduction in the public sector. "These encouraging figures prove the cynics - who claimed the private sector wouldn't step up to the mark wrong," he said
"As we work hard to bring public spending under control, firms in the private sector are taking more and more people on to grow their businesses.
"There's still lots to do to help those hard-working people who haven't yet found a job to realise their aspirations, but these are encouraging signs – and a further indication that the economy is moving from rescue to recovery."