The Gross Domestic Product (GDP) in Eden was worth an estimated £1.7 billion in 2019, according to figures published by the ONS. Eden's GDP growth between 2018 and 2019 was 3.8% per year. Compare GDP by area.
The Accommodation & food services industry is the largest in Eden based on the number of jobs, accounting for 17.0% of roles in the area.
2019 ONS figures suggest that there are 34,000 jobs in Eden, which has a working-age (aged 16-65) population of 31,039. The 2019 job density in Eden is 1.10, meaning there are 1.10 jobs per member of the Eden working-age population.
Eden had a mean average salary for full-time employees of £31,494 in 2021. Eden's unemployment rate is 2.9% as of 2014. Compare unemployment rate by area.
The 2019 labour force or working-age population in Eden is 31,039 or 57.7% of the total population.
In 2021, 97.1% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 18.0% are self-employed, and 82.0% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Eden working-age (aged 16-64) population who have a degree or higher is 39.5%, which is below the 42.8% degree qualification rate for England.
Over 64% of the Eden working-age population have at least 2 A-levels (or equivalent), and 2% have no qualifications.
Main page: Eden Salary
The average salary in Eden as of 2021 is £31,494. Between 2020 and 2021, average salaries fell by £719. Compare average salaries by area.
Eden's salary growth rate is -2.23% per year based on changes in average salary between 2020 and 2021, which is 2.23% lower than the average salary growth rate in Eden over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Eden is Corporate Managers And Directors, 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 Eden is Other Managers And Proprietors, with roles increasing 225% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Corporate Managers And Directors||2,600||10.9%||8.3%|
|Other Managers And Proprietors||2,600||10.9%||225.0%|
|Transport & Mobile Machine Drivers/operatives||2,600||10.9%||18.2%|
|Elementary Administration & Service Occs||2,300||9.6%||21.1%|
There was a 2% 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 Eden is Accommodation & food services. Other major industries include Agriculture, Forestry & Fishing, Retail, which represents over 10% of roles in Eden.
Financial & Insurance companies make up 1% of the Eden economy that's lower than the average for England as a whole (~3%).
1% of the total jobs in Eden 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||5,000||17.0%|
|Agriculture, Forestry & Fishing||4,000||13.6%|
The fastest-growing industry in Eden is Information & Communication, with jobs in the sector increasing 33% between 2019 and 2020 from 225 to 300. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Eden between 2019 and 2020 was Construction, which saw an 29% decrease in roles, going from 1,750 to 1,250. 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 Eden, the number of roles in this sector has risen by 33% over the past year, above the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 5 large businesses in Eden, making up 0.1% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 40 medium-sized businesses based in Eden, making up 1.1% 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 280 small businesses based in Eden, making up 7.7% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Eden's unemployment rate is 2.9% that's 2% 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 69.9% 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