Even though the rate of growth of population in East Anglia has been approximately three times the national average, the demand for labour has generally exceeded the supply.
A report from the Institute of Employment Research at Warwick University points out that in spite of accounting for less than 4% of national output and employment, East Anglia accounted for 14% of national employment growth over the last two decades, and the report forecasts a similar growth during the next ten years.
But the economic development officer for Cambridgeshire CC qualifies that conclusion, writes the FT:
The development of a cluster of high-tech manufacturing companies in the Cambridge area was one of the more dramatic aspects of the region's development.
'When I am promoting the region I whet the appetite by talking about Cambridge, its university and the high-tech manufacturing businesses,' says Mr Mills.