The East of England has the highest employment rate of any English region or country of the UK. Gross household income per head in Hertfordshire is the fourth highest in England.
Gross disposable household income (GDHI) of residents in the East of England, at £16,400 per head in 2010, was the third highest of the English regions. Within the region it ranged from £19,440 in Hertfordshire to £12,340 in Luton.
The employment rate was 74.6 per cent in Q4 2011. This was the highest among English regions and UK countries, compared with a UK average of 70.3 per cent. The latest subregional data (October 2010 to September 2011) show that South Cambridgeshire had the highest employment rate at 81.8 per cent and Fenland had the lowest at 61.3 per cent.
The unemployment rate was 7.0 per cent, one of the lowest rates among the regions in Q4 2011. The model-based unemployment rates ranged from 3.8 per cent in South Cambridgeshire to 10.2 per cent in Great Yarmouth for the year ending September 2011. Investigate how unemployment rates have changed over time at regional level.
In 2010 businesses in the region spent £4.0 billion on research and development. Including government and universities the total was £5.0 billion, almost 20 per cent of the UK total. This was equivalent to 4.5 per cent of the region’s total GVA.
The East of England is responsible for 9 per cent of the UK’s GVA. The region’s headline GVA was £110.8 billion in 2010. The latest subregional data (2009) show that within the region the largest contribution to GVA was from Hertfordshire at £25.3 billion.
Productivity, as measured by GVA per hour worked, was 98 per cent of the UK rate in 2010, the third highest of the English regions. Within the region in 2009 Luton had the highest productivity level (110 per cent of the UK rate), followed by Hertfordshire (108 per cent).
In 2009, 13 per cent of East of England’s GVA was derived from wholesale and retail trade and repair of motor vehicles, the second highest proportion of all regions. The region was responsible for 16 per cent of the UK’s agriculture and fishing GVA. This was the highest proportion in the UK. GVA by industry in the UK interactive map allows users to see how other industries contribute to the GVA of the area.
Source: Office for National Statistics
The data section of this release provides more economic data.
Gross disposable household income (GDHI) covers the income received by households and non profit-making institutions serving households and is net of tax payments.
Employment, unemployment and economic inactivity rates are seasonally adjusted Labour Force Survey (LFS) headline indicators. Regional employment and economic inactivity rates are data for all people aged 16 to 64. Subregional data are from the Annual Population Survey (APS), October 2010-September 2011.
Labour market indicators are defined in the Glossary.
Local Labour Market webpage provides access to the latest releases for employment, unemployment, inactivity, claimant count and other labour market data.
Model-Based Estimates of ILO Unemployment for LAD/UAs cover all people aged 16 or over.
The Expenditure on research and development 2010 statistical bulletin includes definitions of research and development.
Gross value added (GVA) is a key measure of economic performance. The data are consistent with the headline workplace based series, which allocates the incomes of individuals to their place of work.
Labour productivity webpage provides access to the latest releases. The Productivity handbook looks at measuring productivity at a regional level. The Subregional productivity March 2012 article provides analysis at a subregional level.
GVA per head interactive map shows how GVA varies relative to the population of an area. GVA per head is not a measure of productivity.
Standard Industrial Classification 2007 (SIC2007) defines the industries.
All data are published by ONS.
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