The Gross Domestic Product (GDP) in Bradford was worth an estimated £12 billion in 2019, according to figures published by the ONS. Bradford's GDP growth between 2018 and 2019 was 2.3% per year. Compare GDP by area.
The Health industry is the largest in Bradford based on the number of jobs, accounting for 16.3% of roles in the area.
2019 ONS figures suggest that there are 228,000 jobs in Bradford, which has a working-age (aged 16-65) population of 332,559. The 2019 job density in Bradford is 0.69, meaning there are 0.69 jobs per member of the Bradford working-age population.
Bradford had a mean average salary for full-time employees of £31,698 in 2021. Bradford's unemployment rate is 5.9% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Bradford is 332,559 or 61.3% of the total population.
In 2021, 94.1% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 13.9% are self-employed, and 86.1% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Bradford working-age (aged 16-64) population who have a degree or higher is 33.4%, which is below the 42.8% degree qualification rate for England.
Over 51% of the Bradford working-age population have at least 2 A-levels (or equivalent), and 10% have no qualifications.
Main page: Bradford Salary
The average salary in Bradford as of 2021 is £31,698. Between 2020 and 2021, average salaries fell by £939. Compare average salaries by area.
Bradford's salary growth rate is -2.88% per year based on changes in average salary between 2020 and 2021, which is 2.88% lower than the average salary growth rate in Bradford over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Bradford is Business & Public Service Assoc. Professionals, 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 Bradford is Secretarial And Related Occupations, with roles increasing 223% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Business & Public Service Assoc. Professionals||21,300||8.9%||-1.8%|
|Caring Personal Service Occupations||21,000||8.8%||2.4%|
|Corporate Managers And Directors||19,700||8.3%||24.7%|
|Elementary Administration & Service Occs||18,200||7.6%||13.7%|
|Science, Research, Engineering And Technology Profs||14,900||6.3%||46.1%|
There was a 0% increase 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 Bradford is Health. Other major industries include Manufacturing, Education, which represents over 10% of roles in Bradford.
Financial & Insurance companies make up 3% of the Bradford economy that's higher than the average for England as a whole (~3%).
2% of the total jobs in Bradford 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||13,000||6.4%|
The fastest-growing industry in Bradford is Property, with jobs in the sector increasing 100% between 2019 and 2020 from 4,000 to 8,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Bradford between 2019 and 2020 was Mining, quarrying & utilities, which saw an 14% decrease in roles, going from 3,500 to 3,000. 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 Bradford, the number of roles in this sector has fallen by 11% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 70 large businesses in Bradford, making up 0.4% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 280 medium-sized businesses based in Bradford, making up 1.7% 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 1,440 small businesses based in Bradford, making up 8.8% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Bradford's unemployment rate is 5.9% that's 1% 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 24.2% 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