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The Gross Domestic Product (GDP) in Copeland was worth an estimated £1.7 billion in 2019, according to figures published by the ONS. Copeland's GDP growth between 2018 and 2019 was 1.5% per year. Compare GDP by area.
The Manufacturing industry is the largest in Copeland based on the number of jobs, accounting for 32.3% of roles in the area.
2019 ONS figures suggest that there are 38,000 jobs in Copeland, which has a working-age (aged 16-65) population of 41,000. The 2019 job density in Copeland is 0.93, meaning there are 0.93 jobs per member of the Copeland working-age population.
Copeland had a mean average salary for full-time employees of £47,841 in 2021. Copeland's unemployment rate is 5.8% as of 2020. Compare unemployment rate by area.
The 2019 labour force or working-age population in Copeland is 41,000 or 60.3% of the total population.
In 2021, 94.2% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 11.0% are self-employed, and 89.0% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Copeland working-age (aged 16-64) population who have a degree or higher is 43.4%, which is above the 42.8% degree qualification rate for England.
Over 61% of the Copeland working-age population have at least 2 A-levels (or equivalent), and 0% have no qualifications.
Qualifications classifications
Main page: Copeland Salary
The average salary in Copeland as of 2021 is £47,841. Between 2020 and 2021, average salaries grew by £37. Compare average salaries by area.
Copeland's salary growth rate is 0.08% per year based on changes in average salary between 2020 and 2021, which is 0.08% higher than the average salary growth rate in Copeland over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Copeland 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 Copeland is Sales Occupations, with roles increasing 24% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
---|---|---|---|
Administrative Occupations | 2,800 | 11.6% | |
Business, Media And Public Service Professionals | 2,700 | 11.2% | -28.9% |
Sales Occupations | 2,600 | 10.8% | 23.8% |
Elementary Administration & Service Occs | 2,200 | 9.1% | -45.0% |
Science, Research, Engineering And Technology Profs | 1,700 | 7.1% | 6.3% |
There was a 14% 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 Copeland is Manufacturing. Other major industries include Health, which represents over 10% of roles in Copeland.
Financial & Insurance companies make up 0% of the Copeland economy that's lower than the average for England as a whole (~3%).
1% of the total jobs in Copeland are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
Industry | Number | Percentage |
---|---|---|
Manufacturing | 10,000 | 32.3% |
Health | 3,500 | 11.3% |
Construction | 2,250 | 7.3% |
Retail | 2,250 | 7.3% |
Accommodation & Food Services | 2,000 | 6.5% |
The fastest-growing industry in Copeland is Property, with jobs in the sector increasing 14% between 2019 and 2020 from 175 to 200. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Copeland between 2019 and 2020 was Transport & storage, which saw an 38% decrease in roles, going from 800 to 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 Copeland, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
Copeland Demographics
Copeland Crime
Rental Market of Copeland
2021 UK Business Count data published by the ONS show there are 5 large businesses in Copeland, 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 20 medium-sized businesses based in Copeland, making up 0.9% 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 150 small businesses based in Copeland, making up 6.6% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Copeland's unemployment rate is 5.8% 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 Retired, representing 33.9% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, 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