State of the South West 2008
Body
Key Data
- In 2007, 2.5 million people, or 82.5% of the
working age population, were economically active in South West England,
the second highest regional rate after the South East.
- The region has an ageing population - in 2006,
19% of the population was over 65 (England
16%); by 2029 this is projected to rise to 26% (England 22%).
- In the last quarter of 2007, 79.0% of working
age females was economically active in the South West, a higher proportion
than any other English region and well above the England
average (74.0%).
- Economic activity rates vary across the
region from 86.7% in South Gloucestershire to 76.7% in Cornwall and the Isles of Scilly (April
2006 to March 2007).
- 27% of working age people in employment
worked part time compared to 24% for England, although female
workers were around four times more likely to be employed part time than
males.
- On average South West England employees
worked 33.2 hours per week in 2007, the shortest working week of any
English region.
- 14% of the working age people in employment
was self employed - men were twice as likely to be self employed as women.
- At 3.7% of the economically active population
aged 16 and over (Q4 2007), South West England had the lowest unemployment
rate of any English region.
- Unemployment rates vary considerably across
the region – from 1.5% in North Somerset to 7.9% in Plymouth (albeit with a relatively large
confidence interval due to smaller sample sizes) in 2006/07.
- Over three quarters of all employment in the
South West is in the service sector.
- Almost 50,000 manufacturing jobs were lost in
the region between 2001 and 2005.
- The median weekly wage for a full time
employee in the South West was £428 per week in 2007 - this equates
to 93% of the English average, 98% excluding London, which heavily biases the figures.