The Gross Domestic Product (GDP) in Uttlesford was worth an estimated £2.8 billion in 2019, according to figures published by the ONS. Uttlesford's GDP growth between 2018 and 2019 was 3.9% per year. Compare GDP by area.
The Transport & storage industry is the largest in Uttlesford based on the number of jobs, accounting for 20.0% of roles in the area.
2019 ONS figures suggest that there are 56,000 jobs in Uttlesford, which has a working-age (aged 16-65) population of 56,162. The 2019 job density in Uttlesford is 1.00, meaning there are 1.00 jobs per member of the Uttlesford working-age population.
Uttlesford had a mean average salary for full-time employees of £34,986 in 2021. Uttlesford's unemployment rate is 4.4% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Uttlesford is 56,162 or 60.5% of the total population.
In 2021, 95.6% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 25.4% are self-employed, and 74.6% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Uttlesford 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 58% of the Uttlesford working-age population have at least 2 A-levels (or equivalent), and 6% have no qualifications.
Main page: Uttlesford Salary
The average salary in Uttlesford as of 2021 is £34,986. Between 2020 and 2021, average salaries fell by £1,022. Compare average salaries by area.
Uttlesford's salary growth rate is -2.84% per year based on changes in average salary between 2020 and 2021, which is 2.84% lower than the average salary growth rate in Uttlesford over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Uttlesford is Corporate Managers And Directors, accounting for 15% 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 Uttlesford is Corporate Managers And Directors, with roles increasing 30% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Corporate Managers And Directors||6,000||15.3%||30.4%|
|Business & Public Service Assoc. Professionals||3,800||9.7%||22.6%|
|Business, Media And Public Service Professionals||3,100||7.9%||-36.7%|
|Skilled Metal, Electrical And Electronic Trades||3,100||7.9%||6.9%|
There was a 0% 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 Uttlesford is Transport & storage.
Financial & Insurance companies make up 1% of the Uttlesford economy that's lower than the average for England as a whole (~3%).
3% of the total jobs in Uttlesford are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Transport & Storage||9,000||20.0%|
|Accommodation & Food Services||4,000||8.9%|
|Professional, Scientific & Technical||4,000||8.9%|
|Business Administration & Support||4,000||8.9%|
The fastest-growing industry in Uttlesford is Business Administration & Support, with jobs in the sector increasing 33% between 2019 and 2020 from 3,000 to 4,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Uttlesford between 2019 and 2020 was Property, which saw an 38% decrease in roles, going from 800 to 500. 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 Uttlesford, 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 15 large businesses in Uttlesford, 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 65 medium-sized businesses based in Uttlesford, 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 415 small businesses based in Uttlesford, making up 7.5% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Uttlesford's unemployment rate is 4.4% that's 1% 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 33.3% of the unemployed population.
Secondary classifications include groups: 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