The Gross Domestic Product (GDP) in Sandwell was worth an estimated £7.6 billion in 2019, according to figures published by the ONS. Sandwell's GDP growth between 2018 and 2019 was 0.2% per year. Compare GDP by area.
The Manufacturing industry is the largest in Sandwell based on the number of jobs, accounting for 16.2% of roles in the area.
2019 ONS figures suggest that there are 137,000 jobs in Sandwell, which has a working-age (aged 16-65) population of 204,882. The 2019 job density in Sandwell is 0.67, meaning there are 0.67 jobs per member of the Sandwell working-age population.
Sandwell had a mean average salary for full-time employees of £31,490 in 2021. Sandwell's unemployment rate is 5.5% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Sandwell is 204,882 or 62.3% of the total population.
In 2021, 94.5% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 9.2% are self-employed, and 90.8% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Sandwell working-age (aged 16-64) population who have a degree or higher is 27.0%, which is below the 42.8% degree qualification rate for England.
Over 42% of the Sandwell working-age population have at least 2 A-levels (or equivalent), and 17% have no qualifications.
Custom interactive dashboards built for your public or private sector business
Reports customised with your logo and company colour schemes
Get email notifications when new up-to-date data is added to your reports
Save your reports as PDFs or Word Docs
No upfront costs - we have affordable subscription plans
Main page: Sandwell Salary
The average salary in Sandwell as of 2021 is £31,490. Between 2020 and 2021, average salaries grew by £181. Compare average salaries by area.
Sandwell's salary growth rate is 0.58% per year based on changes in average salary between 2020 and 2021, which is 0.58% higher than the average salary growth rate in Sandwell over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Sandwell is Caring Personal Service Occupations, 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 Sandwell is Elementary Trades And Related Occupations, with roles increasing 88% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Caring Personal Service Occupations||16,600||10.9%||23.9%|
|Elementary Administration & Service Occs||16,600||10.9%||-17.8%|
|Business & Public Service Assoc. Professionals||13,400||8.8%||50.6%|
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 Sandwell is Manufacturing. Other major industries include Health, which represents over 10% of roles in Sandwell.
Financial & Insurance companies make up 1% of the Sandwell economy that's lower than the average for England as a whole (~3%).
1% of the total jobs in Sandwell are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Transport & Storage||10,000||8.1%|
The fastest-growing industry in Sandwell is Business Administration & Support, with jobs in the sector increasing 14% between 2019 and 2020 from 7,000 to 8,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Sandwell between 2019 and 2020 was Agriculture, forestry & fishing, which saw an 33% decrease in roles, going from 75 to 50. 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 Sandwell, 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 45 large businesses in Sandwell, making up 0.5% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 170 medium-sized businesses based in Sandwell, making up 1.8% 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 960 small businesses based in Sandwell, making up 10.0% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Sandwell's unemployment rate is 5.5% that's 0% 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 Looking After Family, representing 31.1% of the unemployed population.
Secondary classifications include groups: student, long-term sick, 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