The Gross Domestic Product (GDP) in Shropshire was worth an estimated £7.3 billion in 2019, according to figures published by the ONS. Shropshire's GDP growth between 2018 and 2019 was 1.6% per year. Compare GDP by area.
The Health industry is the largest in Shropshire based on the number of jobs, accounting for 13.9% of roles in the area.
2019 ONS figures suggest that there are 163,000 jobs in Shropshire, which has a working-age (aged 16-65) population of 191,066. The 2019 job density in Shropshire is 0.85, meaning there are 0.85 jobs per member of the Shropshire working-age population.
Shropshire had a mean average salary for full-time employees of £33,127 in 2021. Shropshire's unemployment rate is 1.9% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Shropshire is 191,066 or 58.7% of the total population.
In 2021, 98.1% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 18.6% are self-employed, and 81.4% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Shropshire working-age (aged 16-64) population who have a degree or higher is 39.3%, which is below the 42.8% degree qualification rate for England.
Over 60% of the Shropshire working-age population have at least 2 A-levels (or equivalent), and 5% have no qualifications.
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Main page: Shropshire Salary
The average salary in Shropshire as of 2021 is £33,127. Between 2020 and 2021, average salaries grew by £185. Compare average salaries by area.
Shropshire's salary growth rate is 0.56% per year based on changes in average salary between 2020 and 2021, which is 0.56% higher than the average salary growth rate in Shropshire over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Shropshire is Corporate Managers And Directors, 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 Shropshire is Administrative Occupations, with roles increasing 76% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Corporate Managers And Directors||15,900||10.7%||17.8%|
|Caring Personal Service Occupations||13,600||9.2%||-2.2%|
|Business & Public Service Assoc. Professionals||9,800||6.6%||-6.7%|
|Science, Research, Engineering And Technology Profs||9,100||6.1%||-6.2%|
There was a 1% 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 Shropshire is Health.
Financial & Insurance companies make up 1% of the Shropshire economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in Shropshire are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Agriculture, Forestry & Fishing||11,000||8.1%|
The fastest-growing industry in Shropshire is Business Administration & Support, with jobs in the sector increasing 33% between 2019 and 2020 from 6,000 to 8,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Shropshire between 2019 and 2020 was Accommodation & food services, which saw an 23% decrease in roles, going from 13,000 to 10,000. 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 Shropshire, 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 45 large businesses in Shropshire, 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 195 medium-sized businesses based in Shropshire, making up 1.2% 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 1,225 small businesses based in Shropshire, making up 7.8% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Shropshire's unemployment rate is 1.9% that's 3% 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 Long-term Sick, representing 25.5% of the unemployed population.
Secondary classifications include groups: student, looking after family, 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