Spotlight on Cardiff
Tuesday, April 23, 2019
Cardiff is a ‘young city’ – the population’s average age is one of the youngest in the UK.
With a population of over 345,000, Cardiff is the capital of Wales, it’s largest city, and the commercial hub of Wales. With about 10% of the population of Wales, it creates c20% of Welsh GDP. There is a substantial in-commute from the surrounding south Wales area.
Cardiff is home to the Welsh Assembly, and is the base for many of Wales’ cultural, sporting and media organisations. It is a popular tourist destination. The Brecon Beacons national park lies to the north of the city region.
Key employment sectors in the Cardiff City Region include:
- Compound Semiconductors and its supply chain – the region is home to the World’s first compound semiconductor cluster, including companies like IQE plc and the Institute of Compound Semiconductors at Cardiff University.
- AI, Data and Cyber Security – employers include: ActiveQuote, Admiral Group, Atradius, Centrica, GoCompare, Henry Howard Finance, Hodge Bank, LexisNexis Risk Solutions, MotoNovo Finance, Optimum Credit and Principality Building Society, Pwc, Talent Tiker.
- Financial Technology – financial service employers include: Admiral, Atradius, Vauxhall Finance UK plc, DS Smith, Hodge Bank, Lexis Nexis, V12 Retail Finance, Composite Legal Expenses, Development Bank of Wales, Optimum Credit, Principality Building Society, Legal & General, Motonovo & the Monmouthshire Building Society.
- Creative Economy and Media – as home to the Welsh media sector, including BBC Wales, S4C and ITV Wales, and the BBC’s Roath Lock studios and Dragon International Film studios at Valleywood just outside the city.
- Life sciences – more specifically the medical devices and diagnostics sub-sectors.
- Transport Engineering – automotive, trains and aircraft.
- Tourism – 1 in 5 employees works in distribution, hotels and restaurants sector, highlighting the growing retail and tourism industries in the city
An analysis of the Cardiff Capital regional economy based on value by productivity (GVA), and size of the sector has prioritised five sectors in the Cardiff Capital Region which are considered to have greatest demand for
labour and skills in the next five years: advanced materials and manufacturing; construction; financial, legal and professional services; ICT/digital; and the human foundational economy including education, health and social care.
Qualifications levels in the Cardiff Capital Region exceed Wales’ average but still do not meet forecast higher-level skills demand, which continues to increase. 54% of those in employment are forecast to hold qualifications at Level 4 or above by 2024, with an overall decline in those with no or low qualifications predicted. 10.6% of the SE Wales population speak Welsh.
Take a look at some of the graduate jobs we currently have in Cardiff right now.