Derby’s economy: an overview
Table 1.a : Performance indicators – Derby relative to D2N2 and national averages
Indicator |
Measuring | Derby | D2N2 | GB | ||||||
| D2N2 | GB | |||||||||
| Jobs density per 100 working age residents (2015) | General health of employment base | 87 | 76 | 83 | ✔ | ✔ | ||||
| Business density per 10,000 population (2016) | General strength of business base | 351 | 397 | 459 | ✘ | ✘ | ||||
| Jobs in manufacturing (2015) | Strength of key local sector | 22,500
18% |
126,700
14% |
2,378,700
8% |
✔ | ✔ | ||||
| Jobs in knowledge intensive business services (2015) | Strength of key high value-added sectors | 15,550
12% |
86,600
9% |
4,051,000
14% |
✔ | ✘ | ||||
| GVA per worker (2015) | Productivity of labour force | £54,700 | £47,000 | £54,700 | ✔ | ✔ | ||||
| Production / services jobs split (2015) | Balance of economy | 22% : 78% | 21% : 79% | 16% : 84% | ✔ | ✔ | ||||
| Public / private jobs split (2015) | Resilience of the economy | 20% : 80% | 18% : 82% | 19% : 81% | ✔ | ✔ | ||||
| Jobs in higher-order occupations (2016) | Economic and skills profile of workforce | 44% | 40% | 45% | ✔ | ✘ | ||||
| Residents in higher-order occupations (2016) | Economic and skills profile of population | 40% | 41% | 45% | ✔ | ✘ | ||||
| Residents with higher-level qualifications (2016) | High-level skills and university graduate levels | 33% | 32% | 38% | ✔ | ✘ | ||||
| Residents without any formal qualifications (2016) | Work readiness, basic skills deficit | 9.3% | 8.1% | 8.3% | ✘ | ✘ | ||||
| Job seekers’ allowance claimant rate (% population 16-64, July 2016-June 2017 average) | Cross-city economic wellbeing | 1.1% | 1.1% | 1.2% | ✔ | ✔ | ||||
Table 1.b: Derby‘s Economy: Key performance indicators 2011-15
| Indicator | Measuring | 2011 | 2015 / 2016 | Net change | % change | |||||
| Total employment | Overall size of economy | 120,300 | 126,750 | 6,460 |
5.4% |
|||||
| Jobs density per 100 working age residents | General health of employment base | 82 | 87 | – | +6% | |||||
| Business density per 10,000 population | General strength of business base | 300 | 354 | +54 | +18% | |||||
| Jobs in manufacturing | Strength of key local sector | 20,360
17% |
22,480
18% |
+ 2,120 | +10% | |||||
| Jobs in knowledge intensive business services | Strength of key high value-added sectors | 15,000
12% |
15,550
12% |
+550 | +4% | |||||
| GVA per worker | Productivity of labour force | £49,600 | £54,700 | + £5,100 | +10% | |||||
| Production / services jobs split | Balance of economy | 22%: 78% | 22% : 78% | – | No change | |||||
| Public / private jobs split | Resilience of the economy | 22%: 78% | 20% : 80% | – | +2% pts to private sector | |||||
| Jobs in higher-order occupations | Economic and skills profile of workforce | 43% | 44% | – | +1% pt | |||||
| Residents in higher-order occupations | Economic and skills profile of population | 39% | 40% | – | + 1% pt | |||||
| Residents with higher-level qualifications | High-level skills and university graduate levels | 27% | 33% | – | + 6% pts | |||||
| Residents without any formal qualifications | Work readiness, basic skills deficit | 13.9% | 9.3% | – | – 4.6% pts | |||||
| Job seekers’ allowance claimant rate (% population 16-64, July-June average 2010/11; 2016/7) | Cross-city economic wellbeing | 4.9% | 1.1% | – | – 3.8% pts | |||||