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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.
Qualifications classifications
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.
Occupation | Number | Percentage | CHANGE |
---|---|---|---|
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.
Industry | Number | Percentage |
---|---|---|
Retail | 10,000 | 14.0% |
Health | 8,000 | 11.2% |
Accommodation & Food Services | 7,000 | 9.8% |
Education | 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.
Haringey Demographics
Haringey Crime
Rental Market of Haringey
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