The Gross Domestic Product (GDP) in East Lindsey was worth an estimated £2.7 billion in 2019, according to figures published by the ONS. East Lindsey's GDP growth between 2018 and 2019 was 4.3% per year. Compare GDP by area.
The Accommodation & food services industry is the largest in East Lindsey based on the number of jobs, accounting for 16.5% of roles in the area.
2019 ONS figures suggest that there are 58,000 jobs in East Lindsey, which has a working-age (aged 16-65) population of 77,261. The 2019 job density in East Lindsey is 0.75, meaning there are 0.75 jobs per member of the East Lindsey working-age population.
East Lindsey had a mean average salary for full-time employees of £28,812 in 2021. East Lindsey's unemployment rate is 7.8% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in East Lindsey is 77,261 or 54.4% of the total population.
In 2021, 92.2% 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 East Lindsey working-age (aged 16-64) population who have a degree or higher is 29.1%, which is below the 42.8% degree qualification rate for England.
Over 57% of the East Lindsey working-age population have at least 2 A-levels (or equivalent), and 8% have no qualifications.
Main page: East Lindsey Salary
The average salary in East Lindsey as of 2021 is £28,812. Between 2020 and 2021, average salaries fell by £305. Compare average salaries by area.
East Lindsey's salary growth rate is -1.05% per year based on changes in average salary between 2020 and 2021, which is 1.05% lower than the average salary growth rate in East Lindsey over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in East Lindsey is Caring Personal Service Occupations, accounting for 14% 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 Lindsey is Caring Personal Service Occupations, with roles increasing 142% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Caring Personal Service Occupations||7,500||14.2%||141.9%|
|Business & Public Service Assoc. Professionals||5,100||9.7%|
|Skilled Metal, Electrical And Electronic Trades||3,800||7.2%||26.7%|
There was a 3% 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 East Lindsey is Accommodation & food services. Other major industries include Retail, Health, which represents over 10% of roles in East Lindsey.
Financial & Insurance companies make up 0% of the East Lindsey economy that's lower than the average for England as a whole (~3%).
1% of the total jobs in East Lindsey are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Accommodation & Food Services||8,000||16.5%|
|Agriculture, Forestry & Fishing||4,000||8.2%|
The fastest-growing industry in East Lindsey is Motor Trades, with jobs in the sector increasing 29% between 2019 and 2020 from 700 to 900. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in East Lindsey between 2019 and 2020 was Mining, quarrying & utilities, which saw an 33% decrease in roles, going from 900 to 600. 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 Lindsey, the number of roles in this sector has risen by 25% over the past year, above the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 10 large businesses in East Lindsey, 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 70 medium-sized businesses based in East Lindsey, 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 545 small businesses based in East Lindsey, making up 9.9% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
East Lindsey's unemployment rate is 7.8% that's 3% 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 25.8% 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