The Gross Domestic Product (GDP) in Southend-on-Sea was worth an estimated £3.7 billion in 2019, according to figures published by the ONS. Southend-on-Sea's GDP growth between 2018 and 2019 was 2.7% per year. Compare GDP by area.
The Health industry is the largest in Southend-on-Sea based on the number of jobs, accounting for 18.7% of roles in the area.
2019 ONS figures suggest that there are 81,000 jobs in Southend-on-Sea, which has a working-age (aged 16-65) population of 111,234. The 2019 job density in Southend-on-Sea is 0.73, meaning there are 0.73 jobs per member of the Southend-on-Sea working-age population.
Southend-on-Sea had a mean average salary for full-time employees of £32,418 in 2021. Southend-on-Sea's unemployment rate is 4.9% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Southend-on-Sea is 111,234 or 60.9% of the total population.
In 2021, 95.1% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 16.5% are self-employed, and 83.5% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Southend-on-Sea working-age (aged 16-64) population who have a degree or higher is 35.9%, which is below the 42.8% degree qualification rate for England.
Over 53% of the Southend-on-Sea working-age population have at least 2 A-levels (or equivalent), and 7% 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: Southend-on-Sea Salary
The average salary in Southend-on-Sea as of 2021 is £32,418. Between 2020 and 2021, average salaries fell by £171. Compare average salaries by area.
Southend-on-Sea's salary growth rate is -0.52% per year based on changes in average salary between 2020 and 2021, which is 0.52% lower than the average salary growth rate in Southend-on-Sea over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Southend-on-Sea 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 Southend-on-Sea is Textiles, Printing And Other Skilled Trades, with roles increasing 100% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Business & Public Service Assoc. Professionals||9,000||9.9%||26.8%|
|Caring Personal Service Occupations||6,800||7.5%||-16.0%|
|Corporate Managers And Directors||6,500||7.2%||-13.3%|
|Elementary Administration & Service Occs||6,200||6.8%||14.8%|
There was a 4% 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 Southend-on-Sea is Health. Other major industries include Retail, which represents over 10% of roles in Southend-on-Sea.
Financial & Insurance companies make up 3% of the Southend-on-Sea economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in Southend-on-Sea 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||6,000||9.4%|
|Business Administration & Support||6,000||9.4%|
The fastest-growing industry in Southend-on-Sea is Agriculture, Forestry & Fishing, with jobs in the sector increasing 50% between 2019 and 2020 from 150 to 225. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Southend-on-Sea between 2019 and 2020 was Property, which saw an 33% decrease in roles, going from 1,500 to 1,000. 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 Southend-on-Sea, 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 20 large businesses in Southend-on-Sea, 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 75 medium-sized businesses based in Southend-on-Sea, making up 1.1% 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 510 small businesses based in Southend-on-Sea, making up 7.3% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Southend-on-Sea's unemployment rate is 4.9% that's 0% 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 22.8% 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