The Gross Domestic Product (GDP) in West Yorkshire was worth an estimated £65 billion in 2019, according to figures published by the ONS. West Yorkshire's GDP growth between 2018 and 2019 was 3.3% per year. Compare GDP by area.
The Health industry is the largest in West Yorkshire based on the number of jobs, accounting for 13.2% of roles in the area.
2019 ONS figures suggest that there are 1,223,000 jobs in West Yorkshire, which has a working-age (aged 16-65) population of 1,473,319. The 2019 job density in West Yorkshire is 0.83, meaning there are 0.83 jobs per member of the West Yorkshire working-age population.
West Yorkshire had a mean average salary for full-time employees of £34,041 in 2021. West Yorkshire's unemployment rate is 5.0% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in West Yorkshire is 1,473,319 or 62.8% of the total population.
In 2021, 95.0% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 11.0% are self-employed, and 89.0% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the West Yorkshire working-age (aged 16-64) population who have a degree or higher is 37.6%, which is below the 42.8% degree qualification rate for England.
Over 58% of the West Yorkshire working-age population have at least 2 A-levels (or equivalent), and 8% have no qualifications.
Main page: West Yorkshire Salary
The average salary in West Yorkshire as of 2021 is £34,041. Between 2020 and 2021, average salaries fell by £314. Compare average salaries by area.
West Yorkshire's salary growth rate is -0.91% per year based on changes in average salary between 2020 and 2021, which is 0.91% lower than the average salary growth rate in West Yorkshire over the past 9 years.
In West Yorkshire, the highest average wages are found in Leeds where the average salary is £35,896 and the lowest average wages are found in Bradford where the average salary is £31,698. The difference in average salary between the two areas is £4,198 - the average person in Leeds earns 13.2% more than the average person in Bradford.
Business data published by the ONS in 2020 show the most common job group in West Yorkshire is Administrative Occupations, accounting for 9% 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 West Yorkshire is Business, Media And Public Service Professionals, with roles increasing 46% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Business & Public Service Assoc. Professionals||89,400||8.1%||-11.1%|
|Caring Personal Service Occupations||88,100||8.0%||-1.0%|
|Elementary Administration & Service Occs||85,800||7.8%||-10.3%|
|Corporate Managers And Directors||84,300||7.6%||8.8%|
There was a 2% 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 West Yorkshire is Health. Other major industries include Business Administration & Support, which represents over 10% of roles in West Yorkshire.
Financial & Insurance companies make up 4% of the West Yorkshire economy that's higher than the average for England as a whole (~3%).
3% of the total jobs in West 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||110,000||10.3%|
The fastest-growing industry in West Yorkshire is Business Administration & Support, with jobs in the sector increasing 12% between 2019 and 2020 from 98,000 to 110,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in West Yorkshire between 2019 and 2020 was Retail, which saw an 12% decrease in roles, going from 100,000 to 88,000. 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 West Yorkshire, the number of roles in this sector has fallen by 11% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 370 large businesses in West Yorkshire, making up 0.5% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 1,395 medium-sized businesses based in West 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 7,445 small businesses based in West Yorkshire, making up 9.2% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
West Yorkshire's unemployment rate is 5.0% 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 Student, representing 31.7% of the unemployed population.
Secondary classifications include groups: 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