The Gross Domestic Product (GDP) in Birmingham was worth an estimated £31 billion in 2019, according to figures published by the ONS. Birmingham's GDP growth between 2018 and 2019 was 2.5% per year. Compare GDP by area.
The Health industry is the largest in Birmingham based on the number of jobs, accounting for 15.8% of roles in the area.
2019 ONS figures suggest that there are 601,000 jobs in Birmingham, which has a working-age (aged 16-65) population of 733,995. The 2019 job density in Birmingham is 0.82, meaning there are 0.82 jobs per member of the Birmingham working-age population.
Birmingham had a mean average salary for full-time employees of £37,135 in 2021. Birmingham's unemployment rate is 10.1% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Birmingham is 733,995 or 64.4% of the total population.
In 2021, 89.9% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 11.3% are self-employed, and 88.7% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Birmingham working-age (aged 16-64) population who have a degree or higher is 37.3%, which is below the 42.8% degree qualification rate for England.
Over 58% of the Birmingham working-age population have at least 2 A-levels (or equivalent), and 10% have no qualifications.
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Main page: Birmingham Salary
The average salary in Birmingham as of 2021 is £37,135. Between 2020 and 2021, average salaries fell by £2,248. Compare average salaries by area.
Birmingham's salary growth rate is -5.71% per year based on changes in average salary between 2020 and 2021, which is 5.71% lower than the average salary growth rate in Birmingham over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Birmingham is Administrative Occupations, accounting for 12% 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 Birmingham is Customer Service Occupations, with roles increasing 159% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Caring Personal Service Occupations||46,000||9.3%||32.9%|
|Elementary Administration & Service Occs||40,700||8.3%||-29.2%|
|Business & Public Service Assoc. Professionals||40,500||8.2%||36.8%|
|Corporate Managers And Directors||33,500||6.8%||27.9%|
There was a 0% 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 Birmingham is Health. Other major industries include Education, which represents over 10% of roles in Birmingham.
Financial & Insurance companies make up 5% of the Birmingham economy that's higher than the average for England as a whole (~3%).
3% of the total jobs in Birmingham are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Professional, Scientific & Technical||52,000||9.9%|
|Business Administration & Support||49,000||9.4%|
The fastest-growing industry in Birmingham is Agriculture, Forestry & Fishing, with jobs in the sector increasing 20% between 2019 and 2020 from 250 to 300. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Birmingham between 2019 and 2020 was Property, which saw an 20% decrease in roles, going from 10,000 to 8,000. 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 Birmingham, the number of roles in this sector has risen by 7% over the past year, above the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 170 large businesses in Birmingham, 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 555 medium-sized businesses based in Birmingham, making up 1.5% 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 3,145 small businesses based in Birmingham, making up 8.5% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Birmingham's unemployment rate is 10.1% that's 5% 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 Student, representing 38.8% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, 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