The Gross Domestic Product (GDP) in Allerdale was worth an estimated £2.1 billion in 2019, according to figures published by the ONS. Allerdale's GDP growth between 2018 and 2019 was 2.3% per year. Compare GDP by area.
The Manufacturing industry is the largest in Allerdale based on the number of jobs, accounting for 13.3% of roles in the area.
2019 ONS figures suggest that there are 47,000 jobs in Allerdale, which has a working-age (aged 16-65) population of 57,383. The 2019 job density in Allerdale is 0.82, meaning there are 0.82 jobs per member of the Allerdale working-age population.
Allerdale had a mean average salary for full-time employees of £29,598 in 2021. Allerdale's unemployment rate is 5.4% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Allerdale is 57,383 or 58.7% of the total population.
In 2021, 94.6% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 15.7% are self-employed, and 84.3% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Allerdale working-age (aged 16-64) population who have a degree or higher is 28.2%, which is below the 42.8% degree qualification rate for England.
Over 54% of the Allerdale working-age population have at least 2 A-levels (or equivalent), and 4% have no qualifications.
Main page: Allerdale Salary
The average salary in Allerdale as of 2021 is £29,598. Between 2020 and 2021, average salaries fell by £103. Compare average salaries by area.
Allerdale's salary growth rate is -0.35% per year based on changes in average salary between 2020 and 2021, which is 0.35% lower than the average salary growth rate in Allerdale over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Allerdale is Corporate Managers And Directors, accounting for 9% of all roles in the area. In England as a whole, the largest job group is Business & Public Service Assoc. Professionals.
The fastest-growing type of job in Allerdale is Teaching And Educational Professionals, with roles increasing 100% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Corporate Managers And Directors||3,700||9.4%||54.2%|
|Process, Plant And Machines Operatives||3,100||7.9%||47.6%|
|Elementary Administration & Service Occs||3,000||7.7%||-46.4%|
|Skilled Metal, Electrical And Electronic Trades||2,600||6.6%||-7.1%|
There was a 8% decrease in roles between 2019 and 2020. In England as a whole, there was a 2% decrease.
Based on the total number of jobs, the largest industry in Allerdale is Manufacturing. Other major industries include Retail, Accommodation & Food Services, Health, which represents over 10% of roles in Allerdale.
Financial & Insurance companies make up 1% of the Allerdale economy that's lower than the average for England as a whole (~3%).
1% of the total jobs in Allerdale are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Accommodation & Food Services||4,000||10.6%|
|Agriculture, Forestry & Fishing||3,000||8.0%|
The fastest-growing industry in Allerdale is Information & Communication, with jobs in the sector increasing 43% between 2019 and 2020 from 350 to 500. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Allerdale between 2019 and 2020 was Construction, which saw an 30% decrease in roles, going from 2,500 to 1,750. In England more broadly the industry with the biggest year on year decline was Arts, entertainment & recreation, with roles decreasing by 8%.
The Information and communication industry includes many of the top companies of the future. In Allerdale, the number of roles in this sector has risen by 43% over the past year, above the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 5 large businesses in Allerdale, making up 0.1% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 60 medium-sized businesses based in Allerdale, making up 1.4% of total businesses - in England, 1.5% of businesses are medium-sized. A medium-sized business is defined as having between 50 and 249 employees.
There are 350 small businesses based in Allerdale, making up 8.1% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Allerdale's unemployment rate is 5.4% that's 0% higher than the average unemployment rate for England as a whole. Unemployment rates are the number of unemployed people as a percentage of the working-age population.
The main group within the unemployment population is Retired, representing 21.3% of the unemployed population.
Secondary classifications include groups: student, looking after family, long-term sick, other, all of which represent over 10% of the unemployed population.
In England as a whole, students are the main group within the unemployed population, accounting for 28.9% of the unemployed population.
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics