The Gross Domestic Product (GDP) in Wychavon was worth an estimated £3.6 billion in 2019, according to figures published by the ONS. Wychavon's GDP growth between 2018 and 2019 was 5.3% per year. Compare GDP by area.
The Manufacturing industry is the largest in Wychavon based on the number of jobs, accounting for 14.5% of roles in the area.
2019 ONS figures suggest that there are 63,000 jobs in Wychavon, which has a working-age (aged 16-65) population of 75,532. The 2019 job density in Wychavon is 0.83, meaning there are 0.83 jobs per member of the Wychavon working-age population.
Wychavon had a mean average salary for full-time employees of £33,155 in 2021. Wychavon's unemployment rate is 2.1% as of 2019. Compare unemployment rate by area.
The 2019 labour force or working-age population in Wychavon is 75,532 or 57.6% of the total population.
In 2021, 97.9% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 10.7% are self-employed, and 89.3% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Wychavon working-age (aged 16-64) population who have a degree or higher is 35.6%, which is below the 42.8% degree qualification rate for England.
Over 58% of the Wychavon working-age population have at least 2 A-levels (or equivalent), and 5% 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: Wychavon Salary
The average salary in Wychavon as of 2021 is £33,155. Between 2020 and 2021, average salaries grew by £688. Compare average salaries by area.
Wychavon's salary growth rate is 2.12% per year based on changes in average salary between 2020 and 2021, which is 2.12% higher than the average salary growth rate in Wychavon over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Wychavon is Administrative Occupations, accounting for 14% 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 Wychavon is Elementary Administration & Service Occs, with roles increasing 109% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Elementary Administration & Service Occs||7,100||11.3%||108.8%|
|Caring Personal Service Occupations||5,700||9.1%||-1.7%|
|Corporate Managers And Directors||5,300||8.5%||-24.3%|
|Transport & Mobile Machine Drivers/operatives||4,500||7.2%||40.6%|
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 Wychavon is Manufacturing.
Financial & Insurance companies make up 1% of the Wychavon economy that's lower than the average for England as a whole (~3%).
3% of the total jobs in Wychavon 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||4,000||7.3%|
The fastest-growing industry in Wychavon is Wholesale, with jobs in the sector increasing 17% between 2019 and 2020 from 3,000 to 3,500. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Wychavon between 2019 and 2020 was Accommodation & food services, which saw an 30% decrease in roles, going from 5,000 to 3,500. 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 Wychavon, the number of roles in this sector has fallen by 14% 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 Wychavon, 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 115 medium-sized businesses based in Wychavon, making up 1.6% 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 540 small businesses based in Wychavon, making up 7.6% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Wychavon's unemployment rate is 2.1% that's 3% 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 40.6% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, 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