The Gross Domestic Product (GDP) in East Riding of Yorkshire was worth an estimated £8.4 billion in 2019, according to figures published by the ONS. East Riding of Yorkshire's GDP growth between 2018 and 2019 was 4.0% per year. Compare GDP by area.
The Manufacturing industry is the largest in East Riding of Yorkshire based on the number of jobs, accounting for 14.5% of roles in the area.
2019 ONS figures suggest that there are 150,000 jobs in East Riding of Yorkshire, which has a working-age (aged 16-65) population of 196,469. The 2019 job density in East Riding of Yorkshire is 0.76, meaning there are 0.76 jobs per member of the East Riding of Yorkshire working-age population.
East Riding of Yorkshire had a mean average salary for full-time employees of £32,614 in 2021. East Riding of Yorkshire's unemployment rate is 4.7% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in East Riding of Yorkshire is 196,469 or 57.2% of the total population.
In 2021, 95.3% 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 Riding of Yorkshire working-age (aged 16-64) population who have a degree or higher is 41.5%, which is below the 42.8% degree qualification rate for England.
Over 61% of the East Riding of Yorkshire working-age population have at least 2 A-levels (or equivalent), and 5% have no qualifications.
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Main page: East Riding of Yorkshire Salary
The average salary in East Riding of Yorkshire as of 2021 is £32,614. Between 2020 and 2021, average salaries fell by £266. Compare average salaries by area.
East Riding of Yorkshire's salary growth rate is -0.81% per year based on changes in average salary between 2020 and 2021, which is 0.81% lower than the average salary growth rate in East Riding of Yorkshire over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in East Riding of Yorkshire is Caring Personal Service Occupations, accounting for 8% 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 Riding of Yorkshire is Business, Media And Public Service Professionals, with roles increasing 50% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Caring Personal Service Occupations||12,800||8.5%||13.3%|
|Elementary Administration & Service Occs||10,800||7.2%||5.9%|
|Business, Media And Public Service Professionals||10,500||7.0%||50.0%|
|Business & Public Service Assoc. Professionals||9,700||6.4%||5.4%|
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 Riding of Yorkshire is Manufacturing. Other major industries include Health, which represents over 10% of roles in East Riding of Yorkshire.
Financial & Insurance companies make up 1% of the East Riding of Yorkshire economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in East Riding of Yorkshire 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||9,000||6.9%|
The fastest-growing industry in East Riding of Yorkshire is Wholesale, with jobs in the sector increasing 25% between 2019 and 2020 from 4,000 to 5,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in East Riding of Yorkshire between 2019 and 2020 was Property, which saw an 33% decrease in roles, going from 3,000 to 2,000. 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 Riding of Yorkshire, the number of roles in this sector has fallen by 17% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 30 large businesses in East Riding of Yorkshire, 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 195 medium-sized businesses based in East Riding of Yorkshire, making up 1.4% 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 1,210 small businesses based in East Riding of Yorkshire, making up 8.7% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
East Riding of Yorkshire's unemployment rate is 4.7% that's 0% 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 Retired, representing 25.4% of the unemployed population.
Secondary classifications include groups: student, 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