ECONOMIC INDICATORS UPDATE


Labour Market

  Barnsley Yorkshire & Humber GB
Employment Rate (1) 73% 74% 75%
Broad Unemployment Rate (1) 4.8% 4.4% 4.8%
Narrow Unemployment Rate (2) 2.2% 2.5% 2.3%

Source: (1) Annual Population Survey (2004); (2) Claimant Count Unemployment NOMIS (2005)

Business & Jobs

  Number (2004) Growth since 1999
Businesses 5,900 8.0%
Manufacturing Business 500 9.7%
Service Businesses 4,700 8.1%
Jobs 75,000 8.0%
Manufacturing Jobs 13,400 -9.8%
Service Jobs 56,400 13.1%

Source: Annual Business Inquiry, 2004

Economic Value Added

 Estimated value added Barnsley £m (2005) % of total Yorkshire & Humber £m (2005) % of total
Total economy 2,480 - 77,000 -
Manufacturing 630 25% 15,400 20%
Construction 280 11% 5,800 8%
Retail/Wholesale 290 12% 10,600 14%
Business & Other Services 1,280 52% 43,100 56%

Source: Experian Business Strategies Economic Database for Yorkshire Futures. NB these are estimates

Top 5 sectors by value added

  £m (2005) % of total
Construction 280 11.1
Health 220 8.7
Education 190 7.7
Transport 170 6.7
Business Services 200 8.2

Source: Experian Business Strategies Economic Database for Yorkshire Futures. NB these are estimates

Top 5 forecast growth sectors by value added to 2010

  Increase to 2010 (£m) % Growth 2005 - 2010
Communications 24 37%
Other Financial & Business Services 19 25%
Health 47 22%
Transport Equipment 8 21%
Transport 33 20%

Source:Experian Business Strategies Economic Database for Yorkshire Futures. NB these are estimates