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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.
Qualifications classifications
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.
Occupation | Number | Percentage | CHANGE |
---|---|---|---|
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% |
Administrative Occupations | 3,900 | 14.2% | |
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.
Industry | Number | Percentage |
---|---|---|
Manufacturing | 10,000 | 24.4% |
Professional, Scientific & Technical | 7,000 | 17.1% |
Retail | 4,000 | 9.8% |
Accommodation & Food Services | 3,500 | 8.5% |
Health | 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.
Fylde Demographics
Fylde Crime
Rental Market of Fylde
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