The Gross Domestic Product (GDP) in Sefton was worth an estimated £5.1 billion in 2019, according to figures published by the ONS. Sefton's GDP growth between 2018 and 2019 was 1.9% per year. Compare GDP by area.
The Health industry is the largest in Sefton based on the number of jobs, accounting for 17.2% of roles in the area.
2019 ONS figures suggest that there are 103,000 jobs in Sefton, which has a working-age (aged 16-65) population of 162,187. The 2019 job density in Sefton is 0.64, meaning there are 0.64 jobs per member of the Sefton working-age population.
Sefton had a mean average salary for full-time employees of £33,198 in 2021. Sefton's unemployment rate is 2.7% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Sefton is 162,187 or 58.8% of the total population.
In 2021, 97.3% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 9.5% are self-employed, and 90.5% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Sefton working-age (aged 16-64) population who have a degree or higher is 38.4%, which is below the 42.8% degree qualification rate for England.
Over 61% of the Sefton working-age population have at least 2 A-levels (or equivalent), and 6% have no qualifications.
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Main page: Sefton Salary
The average salary in Sefton as of 2021 is £33,198. Between 2020 and 2021, average salaries grew by £2,110. Compare average salaries by area.
Sefton's salary growth rate is 6.79% per year based on changes in average salary between 2020 and 2021, which is 6.79% higher than the average salary growth rate in Sefton over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Sefton is Administrative 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 Sefton is Customer Service Occupations, with roles increasing 52% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Elementary Administration & Service Occs||9,700||8.2%||0.0%|
|Business & Public Service Assoc. Professionals||9,500||8.0%||2.2%|
|Caring Personal Service Occupations||8,700||7.3%||-10.3%|
|Science, Research, Engineering And Technology Profs||8,000||6.8%||33.3%|
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 Sefton is Health. Other major industries include Retail, which represents over 10% of roles in Sefton.
Financial & Insurance companies make up 5% of the Sefton economy that's higher than the average for England as a whole (~3%).
1% of the total jobs in Sefton 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||9,000||9.1%|
|Public Administration & Defence||9,000||9.1%|
The fastest-growing industry in Sefton is Business Administration & Support, with jobs in the sector increasing 20% between 2019 and 2020 from 5,000 to 6,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Sefton between 2019 and 2020 was Transport & storage, which saw an 20% decrease in roles, going from 5,000 to 4,000. 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 Sefton, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 30 large businesses in Sefton, making up 0.4% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 110 medium-sized businesses based in Sefton, making up 1.4% 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 695 small businesses based in Sefton, making up 8.8% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Sefton's unemployment rate is 2.7% that's 2% 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 31.0% 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