The Gross Domestic Product (GDP) in Eastbourne was worth an estimated £2.2 billion in 2020, according to figures published by the ONS. Eastbourne's GDP growth between 2019 and 2020 was -2.4% per year. Compare GDP by area.
The Health industry is the largest in Eastbourne based on the number of jobs, accounting for 23.2% of roles in the area.
2020 ONS figures suggest that there are 47,000 jobs in Eastbourne, which has a working-age (aged 16-65) population of 60,614. The 2020 job density in Eastbourne is 0.78, meaning there are 0.78 jobs per member of the Eastbourne working-age population.
Eastbourne had a mean average salary for full-time employees of £32,301 in 2022. Eastbourne's unemployment rate is 2.6% as of 2022. Compare unemployment rate by area.
The 2020 labour force or working-age population in Eastbourne is 60,614 or 59.7% of the total population.
In 2022, 97.4% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 17.2% are self-employed, and 82.8% are employees.
The Annual Population Survey for 2021 published by the ONS reports the percentage of the Eastbourne working-age (aged 16-64) population who have a degree or higher is 30.2%, which is below the 42.8% degree qualification rate for England.
Over 57% of the Eastbourne working-age population have at least 2 A-levels (or equivalent), and 5% have no qualifications.
Main page: Eastbourne Salary
The average salary in Eastbourne as of 2022 is £32,301. Between 2021 and 2022, average salaries fell by £634. Compare average salaries by area.
Eastbourne's salary growth rate is -1.93% per year based on changes in average salary between 2021 and 2022, which is 1.93% lower than the average salary growth rate in Eastbourne over the past 9 years.
Business data published by the ONS in 2021 show the most common job group in Eastbourne is Teaching And Educational Professionals, accounting for 11% 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 Eastbourne is Leisure, Travel And Related Personal Service Occs, with roles increasing 329% between July 2021 and July 2022. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Teaching And Educational Professionals||4,300||11.0%||53.6%|
|Science, Research, Engineering And Technology Profs||4,100||10.5%||41.4%|
|Business, Media And Public Service Professionals||4,100||10.5%||173.3%|
|Business & Public Service Assoc. Professionals||3,800||9.7%||-15.6%|
|Caring Personal Service Occupations||3,500||9.0%||-22.2%|
There was a 8% increase in roles between 2020 and 2021. In England as a whole, there was a 3% decrease.
Based on the total number of jobs, the largest industry in Eastbourne is Health. Other major industries include Retail, which represents over 10% of roles in Eastbourne.
Financial & Insurance companies make up 2% of the Eastbourne economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in Eastbourne 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||4,000||9.3%|
|Transport & Storage||3,000||7.0%|
The fastest-growing industry in Eastbourne is Transport & Storage, with jobs in the sector increasing 200% between 2020 and 2021 from 1,000 to 3,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Eastbourne between 2020 and 2021 was Agriculture, forestry & fishing, which saw an 83% decrease in roles, going from 150 to 25. 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 Eastbourne, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
Rental Market of Eastbourne
2022 UK Business Count data published by the ONS show there are 10 large businesses in Eastbourne, making up 0.3% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 50 medium-sized businesses based in Eastbourne, making up 1.6% 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 290 small businesses based in Eastbourne, making up 9.1% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Eastbourne's unemployment rate is 2.6% that's 3% 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 Long-term Sick, representing 43.1% of the unemployed population.
Secondary classifications include groups: looking after family, 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 2022. Data sources: ONS Local statistics