The Gross Domestic Product (GDP) in Ashfield was worth an estimated £3.3 billion in 2019, according to figures published by the ONS. Ashfield's GDP growth between 2018 and 2019 was 2.6% per year. Compare GDP by area.
The Health industry is the largest in Ashfield based on the number of jobs, accounting for 23.1% of roles in the area.
2019 ONS figures suggest that there are 60,000 jobs in Ashfield, which has a working-age (aged 16-65) population of 79,159. The 2019 job density in Ashfield is 0.76, meaning there are 0.76 jobs per member of the Ashfield working-age population.
Ashfield had a mean average salary for full-time employees of £33,120 in 2021. Ashfield's unemployment rate is 4.0% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Ashfield is 79,159 or 61.7% of the total population.
In 2021, 96.0% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 9.7% are self-employed, and 90.3% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Ashfield working-age (aged 16-64) population who have a degree or higher is 24.3%, which is below the 42.8% degree qualification rate for England.
Over 50% of the Ashfield working-age population have at least 2 A-levels (or equivalent), and 8% have no qualifications.
Custom interactive dashboards built for your public or private sector business
Reports customised with your logo and company colour schemes
Get email notifications when new up-to-date data is added to your reports
Save your reports as PDFs or Word Docs
No upfront costs - we have affordable subscription plans
Main page: Ashfield Salary
The average salary in Ashfield as of 2021 is £33,120. Between 2020 and 2021, average salaries fell by £564. Compare average salaries by area.
Ashfield's salary growth rate is -1.67% per year based on changes in average salary between 2020 and 2021, which is 1.67% lower than the average salary growth rate in Ashfield over the past 8 years.
Business data published by the ONS in 2020 show the most common job group in Ashfield is Elementary Administration & Service Occs, accounting for 13% 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 Ashfield is Science, Research, Engineering And Technology Profs, with roles increasing 110% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Elementary Administration & Service Occs||7,400||13.3%||32.1%|
|Caring Personal Service Occupations||6,300||11.4%||21.2%|
|Process, Plant And Machines Operatives||4,500||8.1%||66.7%|
|Science, Research, Engineering And Technology Profs||4,400||7.9%||109.5%|
There was a 5% 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 Ashfield is Health. Other major industries include Manufacturing, which represents over 10% of roles in Ashfield.
Financial & Insurance companies make up 0% of the Ashfield economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in Ashfield are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Transport & Storage||3,500||6.7%|
The fastest-growing industry in Ashfield is Information & Communication, with jobs in the sector increasing 79% between 2019 and 2020 from 700 to 1,250. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Ashfield between 2019 and 2020 was Mining, quarrying & utilities, which saw an 36% decrease in roles, going from 1,250 to 800. 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 Ashfield, the number of roles in this sector has risen by 79% over the past year, above the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 15 large businesses in Ashfield, making up 0.5% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 75 medium-sized businesses based in Ashfield, making up 2.4% 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 315 small businesses based in Ashfield, making up 10.2% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Ashfield's unemployment rate is 4.0% that's 1% lower 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 Student, representing 28.2% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, retired, 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