The Gross Domestic Product (GDP) in East England was worth an estimated £191 billion in 2019, according to figures published by the ONS. East England's GDP growth between 2018 and 2019 was 3.4% per year. Compare GDP by area.
The Health industry is the largest in East England based on the number of jobs, accounting for 12.4% of roles in the area.
2019 ONS figures suggest that there are 3,268,000 jobs in East England, which has a working-age (aged 16-65) population of 3,799,941. The 2019 job density in East England is 0.86, meaning there are 0.86 jobs per member of the East England working-age population.
East England had a mean average salary for full-time employees of £36,824 in 2021. East England's unemployment rate is 4.4% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in East England is 3,799,941 or 60.6% of the total population.
In 2021, 95.6% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 13.2% are self-employed, and 86.8% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the East England working-age (aged 16-64) population who have a degree or higher is 39.3%, which is below the 42.8% degree qualification rate for England.
Over 58% of the East England working-age population have at least 2 A-levels (or equivalent), and 6% have no qualifications.
Main page: East England Salary
The average salary in East England as of 2021 is £36,824. Between 2020 and 2021, average salaries fell by £174. Compare average salaries by area.
East England's salary growth rate is -0.47% per year based on changes in average salary between 2020 and 2021, which is 0.47% lower than the average salary growth rate in East England over the past 9 years.
In East England, the highest average wages are found in Cambridgeshire where the average salary is £41,321 and the lowest average wages are found in Southend-on-sea where the average salary is £32,418. The difference in average salary between the two areas is £8,903 - the average person in Cambridgeshire earns 27.5% more than the average person in Southend-on-sea.
Business data published by the ONS in 2020 show the most common job group in East England is Administrative Occupations, 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 East England is Business & Public Service Assoc. Professionals, with roles increasing 26% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Business & Public Service Assoc. Professionals||265,000||8.7%||26.3%|
|Corporate Managers And Directors||255,000||8.4%||-13.5%|
|Elementary Administration & Service Occs||217,000||7.1%||-16.7%|
|Science, Research, Engineering And Technology Profs||208,500||6.9%||9.1%|
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 East England is Health. Other major industries include Business Administration & Support, which represents over 10% of roles in East England.
Financial & Insurance companies make up 2% of the East England economy that's lower than the average for England as a whole (~3%).
4% of the total jobs in East England are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Business Administration & Support||300,000||10.4%|
|Professional, Scientific & Technical||255,000||8.9%|
The fastest-growing industry in East England is Mining, Quarrying & Utilities, with jobs in the sector increasing 14% between 2019 and 2020 from 29,000 to 33,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in East England between 2019 and 2020 was Property, which saw an 17% decrease in roles, going from 54,000 to 45,000. 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 East England, the number of roles in this sector has risen by 1% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 965 large businesses in East England, 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 3,955 medium-sized businesses based in East England, 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 21,890 small businesses based in East England, making up 8.1% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
East England's unemployment rate is 4.4% that's 1% lower 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 26.0% 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