The Gross Domestic Product (GDP) in Fylde was worth an estimated £3.1 billion in 2019, according to figures published by the ONS. Fylde's GDP growth between 2018 and 2019 was 10.6% per year. Compare GDP by area.
The Manufacturing industry is the largest in Fylde based on the number of jobs, accounting for 24.4% of roles in the area.
2019 ONS figures suggest that there are 47,000 jobs in Fylde, which has a working-age (aged 16-65) population of 45,942. The 2019 job density in Fylde is 1.02, meaning there are 1.02 jobs per member of the Fylde working-age population.
Fylde had a mean average salary for full-time employees of £37,545 in 2021. Fylde's unemployment rate is 4.6% as of 2018. Compare unemployment rate by area.
The 2019 labour force or working-age population in Fylde is 45,942 or 56.6% of the total population.
In 2021, 95.4% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 22.4% are self-employed, and 77.6% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Fylde working-age (aged 16-64) population who have a degree or higher is 37.4%, which is below the 42.8% degree qualification rate for England.
Over 65% of the Fylde working-age population have at least 2 A-levels (or equivalent), and 0% have no qualifications.
Main page: Fylde Salary
The average salary in Fylde as of 2021 is £37,545. Between 2020 and 2021, average salaries fell by £2,864. Compare average salaries by area.
Fylde's salary growth rate is -7.09% per year based on changes in average salary between 2020 and 2021, which is 7.09% lower than the average salary growth rate in Fylde over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Fylde is Business & Public Service Assoc. Professionals, accounting for 17% 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 Fylde is Business & Public Service Assoc. Professionals, with roles increasing 28% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Business & Public Service Assoc. Professionals||4,600||16.7%||27.8%|
|Corporate Managers And Directors||4,500||16.4%||-32.8%|
|Elementary Administration & Service Occs||4,400||16.0%||-2.2%|
|Business, Media And Public Service Professionals||2,200||8.0%||-31.3%|
There was a 4% 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 Fylde is Manufacturing. Other major industries include Professional, Scientific & Technical, which represents over 10% of roles in Fylde.
Financial & Insurance companies make up 2% of the Fylde economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in Fylde are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Professional, Scientific & Technical||7,000||17.1%|
|Accommodation & Food Services||3,500||8.5%|
The fastest-growing industry in Fylde is Mining, Quarrying & Utilities, 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 Fylde between 2019 and 2020 was Public administration & defence, which saw an 20% decrease in roles, going from 1,250 to 1,000. 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 Fylde, the number of roles in this sector has risen by 11% 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 Fylde, 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 55 medium-sized businesses based in Fylde, making up 1.7% 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 310 small businesses based in Fylde, making up 9.3% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Fylde's unemployment rate is 4.6% 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 45.6% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, retired, 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