The Gross Domestic Product (GDP) in Chorley was worth an estimated £2.5 billion in 2019, according to figures published by the ONS. Chorley's GDP growth between 2018 and 2019 was 6.8% per year. Compare GDP by area.
The Health industry is the largest in Chorley based on the number of jobs, accounting for 19.1% of roles in the area.
2019 ONS figures suggest that there are 48,000 jobs in Chorley, which has a working-age (aged 16-65) population of 73,154. The 2019 job density in Chorley is 0.66, meaning there are 0.66 jobs per member of the Chorley working-age population.
Chorley had a mean average salary for full-time employees of £30,657 in 2021. Chorley's unemployment rate is 6.7% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Chorley is 73,154 or 61.5% of the total population.
In 2021, 93.3% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 10.3% are self-employed, and 89.7% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Chorley working-age (aged 16-64) population who have a degree or higher is 45.7%, which is above the 42.8% degree qualification rate for England.
Over 58% of the Chorley working-age population have at least 2 A-levels (or equivalent), and 7% have no qualifications.
Main page: Chorley Salary
The average salary in Chorley as of 2021 is £30,657. Between 2020 and 2021, average salaries fell by £449. Compare average salaries by area.
Chorley's salary growth rate is -1.44% per year based on changes in average salary between 2020 and 2021, which is 1.44% lower than the average salary growth rate in Chorley over the past 8 years.
Business data published by the ONS in 2020 show the most common job group in Chorley is Science, Research, Engineering And Technology Profs, 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 Chorley is Science, Research, Engineering And Technology Profs, with roles increasing 175% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Science, Research, Engineering And Technology Profs||5,500||11.6%||175.0%|
|Caring Personal Service Occupations||5,400||11.4%||5.9%|
|Business & Public Service Assoc. Professionals||4,600||9.7%||7.0%|
|Elementary Administration & Service Occs||4,600||9.7%||64.3%|
|Corporate Managers And Directors||3,400||7.2%||-43.3%|
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 Chorley is Health. Other major industries include Retail, which represents over 10% of roles in Chorley.
Financial & Insurance companies make up 1% of the Chorley economy that's lower than the average for England as a whole (~3%).
4% of the total jobs in Chorley 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||3,000||7.2%|
The fastest-growing industry in Chorley is Public Administration & Defence, with jobs in the sector increasing 20% between 2019 and 2020 from 2,500 to 3,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Chorley between 2019 and 2020 was Financial & insurance, which saw an 33% decrease in roles, going from 600 to 400. 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 Chorley, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 10 large businesses in Chorley, making up 0.2% 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 Chorley, making up 1.3% 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 410 small businesses based in Chorley, 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.
Chorley's unemployment rate is 6.7% that's 2% 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 Long-term Sick, representing 38.1% of the unemployed population.
Secondary classifications include groups: looking after family, 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