The Gross Domestic Product (GDP) in Chesterfield was worth an estimated £2.8 billion in 2019, according to figures published by the ONS. Chesterfield's GDP growth between 2018 and 2019 was 2.8% per year. Compare GDP by area.
The Health industry is the largest in Chesterfield based on the number of jobs, accounting for 21.2% of roles in the area.
2019 ONS figures suggest that there are 57,000 jobs in Chesterfield, which has a working-age (aged 16-65) population of 64,610. The 2019 job density in Chesterfield is 0.88, meaning there are 0.88 jobs per member of the Chesterfield working-age population.
Chesterfield had a mean average salary for full-time employees of £32,395 in 2021. Chesterfield's unemployment rate is 9.2% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Chesterfield is 64,610 or 61.6% of the total population.
In 2021, 90.8% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 6.2% are self-employed, and 93.8% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Chesterfield working-age (aged 16-64) population who have a degree or higher is 38.2%, which is below the 42.8% degree qualification rate for England.
Over 56% of the Chesterfield working-age population have at least 2 A-levels (or equivalent), and 5% have no qualifications.
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Main page: Chesterfield Salary
The average salary in Chesterfield as of 2021 is £32,395. Between 2020 and 2021, average salaries grew by £552. Compare average salaries by area.
Chesterfield's salary growth rate is 1.73% per year based on changes in average salary between 2020 and 2021, which is 1.73% higher than the average salary growth rate in Chesterfield over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Chesterfield is Administrative Occupations, accounting for 15% 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 Chesterfield is Elementary Administration & Service Occs, with roles increasing 119% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Elementary Administration & Service Occs||6,800||14.7%||119.4%|
|Science, Research, Engineering And Technology Profs||4,600||9.9%||-11.5%|
|Caring Personal Service Occupations||4,200||9.1%||-17.6%|
There was a 2% 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 Chesterfield is Health.
Financial & Insurance companies make up 2% of the Chesterfield economy that's lower than the average for England as a whole (~3%).
3% of the total jobs in Chesterfield 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||6.8%|
The fastest-growing industry in Chesterfield is Property, with jobs in the sector increasing 50% between 2019 and 2020 from 400 to 600. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Chesterfield between 2019 and 2020 was Business administration & support, which saw an 22% decrease in roles, going from 4,500 to 3,500. 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 Chesterfield, the number of roles in this sector has risen by 40% over the past year, above the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 20 large businesses in Chesterfield, making up 0.6% 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 Chesterfield, making up 2.1% 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 390 small businesses based in Chesterfield, making up 10.9% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Chesterfield's unemployment rate is 9.2% that's 4% 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 29.3% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, retired, 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