The Gross Domestic Product (GDP) in York was worth an estimated £7 billion in 2019, according to figures published by the ONS. York's GDP growth between 2018 and 2019 was 2.4% per year. Compare GDP by area.
The Health industry is the largest in York based on the number of jobs, accounting for 13.6% of roles in the area.
2019 ONS figures suggest that there are 124,000 jobs in York, which has a working-age (aged 16-65) population of 139,430. The 2019 job density in York is 0.89, meaning there are 0.89 jobs per member of the York working-age population.
York had a mean average salary for full-time employees of £37,076 in 2021. York's unemployment rate is 2.8% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in York is 139,430 or 66.1% of the total population.
In 2021, 97.2% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 11.7% are self-employed, and 88.3% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the York working-age (aged 16-64) population who have a degree or higher is 47.1%, which is above the 42.8% degree qualification rate for England.
Over 67% of the York working-age population have at least 2 A-levels (or equivalent), and 5% have no qualifications.
Main page: York Salary
The average salary in York as of 2021 is £37,076. Between 2020 and 2021, average salaries grew by £2,572. Compare average salaries by area.
York's salary growth rate is 7.45% per year based on changes in average salary between 2020 and 2021, which is 7.45% higher than the average salary growth rate in York over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in York is Corporate Managers And Directors, 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 York is Science, Engineering And Technology Associate Profs, with roles increasing 150% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Corporate Managers And Directors||10,000||9.3%||-3.8%|
|Teaching And Educational Professionals||9,700||9.0%||42.6%|
|Business & Public Service Assoc. Professionals||8,800||8.2%||22.2%|
|Elementary Administration & Service Occs||8,500||7.9%||-24.8%|
|Science, Research, Engineering And Technology Profs||8,400||7.8%||90.9%|
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 York is Health. Other major industries include Retail, Education, which represents over 10% of roles in York.
Financial & Insurance companies make up 4% of the York economy that's higher than the average for England as a whole (~3%).
3% of the total jobs in York 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||10,000||9.1%|
|Business Administration & Support||10,000||9.1%|
The fastest-growing industry in York is Property, with jobs in the sector increasing 100% between 2019 and 2020 from 3,000 to 6,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in York between 2019 and 2020 was Manufacturing, which saw an 20% decrease in roles, going from 5,000 to 4,000. 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 York, 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 40 large businesses in York, making up 0.6% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 125 medium-sized businesses based in York, making up 1.8% 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 720 small businesses based in York, making up 10.1% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
York's unemployment rate is 2.8% that's 2% 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 51.6% 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