The Gross Domestic Product (GDP) in South Yorkshire was worth an estimated £32 billion in 2019, according to figures published by the ONS. South Yorkshire's GDP growth between 2018 and 2019 was 3.4% per year. Compare GDP by area.
The Health industry is the largest in South Yorkshire based on the number of jobs, accounting for 15.0% of roles in the area.
2019 ONS figures suggest that there are 649,000 jobs in South Yorkshire, which has a working-age (aged 16-65) population of 894,503. The 2019 job density in South Yorkshire is 0.73, meaning there are 0.73 jobs per member of the South Yorkshire working-age population.
South Yorkshire had a mean average salary for full-time employees of £32,799 in 2021. South Yorkshire's unemployment rate is 6.8% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in South Yorkshire is 894,503 or 63.2% of the total population.
In 2021, 93.2% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 10.9% are self-employed, and 89.1% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the South Yorkshire working-age (aged 16-64) population who have a degree or higher is 37.2%, which is below the 42.8% degree qualification rate for England.
Over 58% of the South Yorkshire working-age population have at least 2 A-levels (or equivalent), and 7% have no qualifications.
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Main page: South Yorkshire Salary
The average salary in South Yorkshire as of 2021 is £32,799. Between 2020 and 2021, average salaries grew by £58. Compare average salaries by area.
South Yorkshire's salary growth rate is 0.18% per year based on changes in average salary between 2020 and 2021, which is 0.18% higher than the average salary growth rate in South Yorkshire over the past 9 years.
In South Yorkshire, the highest average wages are found in Rotherham where the average salary is £34,547 and the lowest average wages are found in Doncaster where the average salary is £30,688. The difference in average salary between the two areas is £3,859 - the average person in Rotherham earns 12.6% more than the average person in Doncaster.
Business data published by the ONS in 2020 show the most common job group in South Yorkshire is Elementary Administration & Service Occs, accounting for 10% 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 Yorkshire is Elementary Trades And Related Occupations, with roles increasing 41% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Elementary Administration & Service Occs||67,300||10.5%||6.2%|
|Caring Personal Service Occupations||52,800||8.2%||-1.9%|
|Corporate Managers And Directors||45,000||7.0%||7.7%|
|Business & Public Service Assoc. Professionals||44,500||6.9%||8.3%|
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 South Yorkshire is Health. Other major industries include Manufacturing, Education, which represents over 10% of roles in South Yorkshire.
Financial & Insurance companies make up 2% of the South Yorkshire economy that's lower than the average for England as a whole (~3%).
3% of the total jobs in South Yorkshire 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||52,000||9.1%|
The fastest-growing industry in South Yorkshire is Mining, Quarrying & Utilities, with jobs in the sector increasing 50% between 2019 and 2020 from 4,000 to 6,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in South Yorkshire between 2019 and 2020 was Property, which saw an 22% decrease in roles, going from 9,000 to 7,000. 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 Yorkshire, the number of roles in this sector has fallen by 16% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 175 large businesses in South Yorkshire, 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 695 medium-sized businesses based in South Yorkshire, making up 1.7% 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 3,870 small businesses based in South Yorkshire, making up 9.5% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
South Yorkshire's unemployment rate is 6.8% 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 Long-term Sick, representing 26.8% 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