The Gross Domestic Product (GDP) in Haringey was worth an estimated £5.2 billion in 2019, according to figures published by the ONS. Haringey's GDP growth between 2018 and 2019 was 5.3% per year. Compare GDP by area.
The Retail industry is the largest in Haringey based on the number of jobs, accounting for 14.0% of roles in the area.
2019 ONS figures suggest that there are 89,000 jobs in Haringey, which has a working-age (aged 16-65) population of 184,255. The 2019 job density in Haringey is 0.48, meaning there are 0.48 jobs per member of the Haringey working-age population.
Haringey had a mean average salary for full-time employees of £34,639 in 2021. Haringey's unemployment rate is 7.1% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Haringey is 184,255 or 69.2% of the total population.
In 2021, 92.9% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 16.1% are self-employed, and 83.9% are employees.
Haringey's working-age population ranks among the most educated in England.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Haringey working-age (aged 16-64) population who have a degree or higher is 65.2%, which is above the 42.8% degree qualification rate for England.
Over 76% of the Haringey working-age population have at least 2 A-levels (or equivalent), and 4% have no qualifications.
Main page: Haringey Salary
The average salary in Haringey as of 2021 is £34,639. Between 2020 and 2021, average salaries fell by £2,504. Compare average salaries by area.
Haringey's salary growth rate is -6.74% per year based on changes in average salary between 2020 and 2021, which is 6.74% lower than the average salary growth rate in Haringey over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Haringey is Business, Media And Public Service Professionals, accounting for 15% 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 Haringey is Transport & Mobile Machine Drivers/operatives, with roles increasing 167% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Business, Media And Public Service Professionals||22,200||14.7%||38.7%|
|Science, Research, Engineering And Technology Profs||18,500||12.3%||54.2%|
|Business & Public Service Assoc. Professionals||15,700||10.4%||65.3%|
|Culture, Media And Sports Occupations||12,500||8.3%||22.5%|
|Corporate Managers And Directors||12,400||8.2%||-15.1%|
There was a 3% 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 Haringey is Retail. Other major industries include Health, which represents over 10% of roles in Haringey.
Financial & Insurance companies make up 1% of the Haringey economy that's lower than the average for England as a whole (~3%).
4% of the total jobs in Haringey 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||7,000||9.8%|
|Transport & Storage||5,000||7.0%|
The fastest-growing industry in Haringey is Retail, with jobs in the sector increasing 25% between 2019 and 2020 from 8,000 to 10,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Haringey between 2019 and 2020 was Motor trades, which saw an 33% decrease in roles, going from 900 to 600. 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 Haringey, 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 10 large businesses in Haringey, 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 80 medium-sized businesses based in Haringey, making up 0.6% 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 680 small businesses based in Haringey, making up 5.3% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Haringey's unemployment rate is 7.1% that's 2% higher 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 40.1% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, retired, 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