Councillors to discuss progress on the ‘Good Growth’ plan
Councillors are to discuss progress on the 'Good Growth' plan which sets out the Council and its partners' ambitions to improve the long term economy of the Wakefield district.
The aim is to boost residents' quality of life and the district's overall economy, by having a long term focus with a clear direction and goals.
A report to the Council's Cabinet says that the wages gap in the district is narrowing and that Wakefield now has a higher percentage of employment in manufacturing than the regional average. The number of people being able to afford to buy a home remains above the regional average based on incomes and economic activity rates remain around the regional average.
The report notes that there is still work to be done over the next four years. Levels of employment in knowledge based industries and the percentage of people with higher level skills remain low.
Cllr Peter Box, Leader of Wakefield Council, said: "Our Good Growth plan is a long term ambition for the district; ensuring investment in the future of our places makes a real difference to our residents. Linking regeneration to skills and opportunities and ensuring sufficient affordable homes are provided."
The aim of the 'Good Growth' plan is to create a more diverse economy and to encourage socially responsible employers to come to the district, as well as having the right infrastructure in place such as better transport. These are all based on three key priorities: growing good businesses, growing good jobs and growing resilient communities.
The 'Good Growth' plan also has a specific aim to help residents, so they are not only ready to take up jobs but have higher skills so can take up better quality jobs.
Examples of the other goals to be achieved include getting university status for the district, increasing the number of higher level apprenticeships and increasing business support for some sectors. The plan also tackles low pay and helping more residents into work.
The report will be discussed by the Council's Cabinet on Tuesday 18 October.