The Gross Domestic Product (GDP) in South Holland was worth an estimated £2.5 billion in 2019, according to figures published by the ONS. South Holland's GDP growth between 2018 and 2019 was 0.0% per year. Compare GDP by area.
The Manufacturing industry is the largest in South Holland based on the number of jobs, accounting for 19.9% of roles in the area.
2019 ONS figures suggest that there are 45,000 jobs in South Holland, which has a working-age (aged 16-65) population of 55,641. The 2019 job density in South Holland is 0.81, meaning there are 0.81 jobs per member of the South Holland working-age population.
South Holland had a mean average salary for full-time employees of £30,535 in 2021. South Holland's unemployment rate is 5.7% as of 2020. Compare unemployment rate by area.
The 2019 labour force or working-age population in South Holland is 55,641 or 58.0% of the total population.
In 2021, 94.3% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 10.0% are self-employed, and 90.0% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the South Holland working-age (aged 16-64) population who have a degree or higher is 19.4%, which is below the 42.8% degree qualification rate for England.
Over 41% of the South Holland working-age population have at least 2 A-levels (or equivalent), and 8% have no qualifications.
Main page: South Holland Salary
The average salary in South Holland as of 2021 is £30,535. Between 2020 and 2021, average salaries fell by £126. Compare average salaries by area.
South Holland's salary growth rate is -0.41% per year based on changes in average salary between 2020 and 2021, which is 0.41% lower than the average salary growth rate in South Holland over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in South Holland is Caring Personal Service Occupations, accounting for 16% 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 South Holland is Elementary Administration & Service Occs, with roles increasing 207% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Caring Personal Service Occupations||6,500||16.1%||75.7%|
|Corporate Managers And Directors||4,500||11.1%||0.0%|
|Elementary Administration & Service Occs||4,300||10.6%||207.1%|
|Textiles, Printing And Other Skilled Trades||2,600||6.4%|
There was a 7% 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 South Holland is Manufacturing. Other major industries include Business Administration & Support, which represents over 10% of roles in South Holland.
Financial & Insurance companies make up 1% of the South Holland economy that's lower than the average for England as a whole (~3%).
1% of the total jobs in South Holland are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Business Administration & Support||6,000||14.9%|
|Agriculture, Forestry & Fishing||3,500||8.7%|
|Transport & Storage||3,500||8.7%|
The fastest-growing industry in South Holland is Property, with jobs in the sector increasing 67% between 2019 and 2020 from 300 to 500. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in South Holland between 2019 and 2020 was Wholesale, which saw an 33% decrease in roles, going from 4,500 to 3,000. 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 South Holland, the number of roles in this sector has risen by 33% over the past year, above the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 10 large businesses in South Holland, 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 50 medium-sized businesses based in South Holland, making up 1.3% 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 320 small businesses based in South Holland, making up 8.1% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
South Holland's unemployment rate is 5.7% that's 1% 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 Other, representing 23.9% of the unemployed population.
Secondary classifications include groups: student, 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