Basildon - South East Skills
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Economy Overview
Basildon
Emsi Q1 2021 Data Set | www.economicmodeling.comEconomy Overview
Contents
.Report
. . . . . . Parameters
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1. . . . . . .
.Economy
. . . . . . . . Overview
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.Demographics
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.Historic
. . . . . . .&. . Projected
. . . . . . . . . .Trends
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.Popula
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. . .Characteris
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.Industry
. . . . . . . .Characteris
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.Workforce
. . . . . . . . . .Characteris
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.In-Demand
. . . . . . . . . . Skills
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Emsi Q1 2021 Data Set | www.economicmodeling.comEconomy Overview Report Parameters 1 Local Authority E07000066 Basildon Class of Worker Employees The informa on in this report pertains to the chosen geographical area. Emsi Q1 2021 Data Set | www.economicmodeling.com 1
Economy Overview
Economy Overview
190,601 87,980 £28.4k
Popula on (2020) Total Regional Employment Avg. Wages Per Job (2020)
Popula on grew by 8,650 over
Jobs grew by 4,349 over the last Regional average wages per job
the last 5 years and is projected to
5 years and are projected to grow are £1.9k below the na onal
grow by 8,276 over the next 5
by 3,531 over the next 5 years. average wages of £30.2k per job.
years.
Takeaways
As of 2020 the region's popula on increased by 4.8% since 2015, growing by 8,650. Popula on is expected to increase by
4.3% between 2020 and 2025, adding 8,276.
From 2015 to 2020, jobs increased by 5.2% in Basildon from 83,632 to 87,980. This change fell short of the na onal growth
rate of 5.5% by 0.3%.
Concerning educa onal a ainment, 21.9% of Basildon residents possess a Degree or Equivalent and Above - SCQF L9 (10.4%
below the na onal average), and 6.1% hold a Higher Educa on Below Degree Level - SCQF L7-8 (2.2% below the na onal
average).
The top three industries in 2020 are Hospital ac vi es, Engineering ac vi es and related technical consultancy, and Retail sale
in non-specialised stores with food, beverages or tobacco predomina ng.
Popula on
(2020) Jobs (2020) GVA Imports Exports
Region 190,601 87,980 £4.12b £8.65b £6.69b
LEP - South East (revised) (2015) 4,311,328 1,625,951 £68.82b £131.74b £83.57b
Essex CC 1,504,035 592,661 £25.82b £51.03b £32.83b
Medway CC 286,286 94,855 £4.05b £10.05b £6.17b
Kent CC 1,591,871 622,672 £27.10b £51.85b £36.17b
East Sussex CC 567,059 185,366 £6.56b £15.49b £8.87b
Southend-on-Sea 185,757 63,999 £2.29b £5.43b £3.15b
Na on 67,233,643 31,121,359 £1.42t £2.01t £1.28t
Emsi Q1 2021 Data Set | www.economicmodeling.com 2Economy Overview
2020 Labour Force Breakdown
Popula on
A Total Working Age Popula on (16-64) 117,385
A Not in Labour Force 24,414
A Labour Force 92,971
190,601 A Employed 90,250
Popula on
A Unemployed 2,721
A Under 16 40,067
A Over 64 33,149
Educa onal A ainment
Concerning educa onal a ainment, 21.9% of Basildon residents possess a Degree or Equivalent and Above - SCQF L9 (10.4%
below the na onal average), and 6.1% hold a Higher Educa on Below Degree Level - SCQF L7-8 (2.2% below the na onal
average).
% of Popula on Popula on
A No Qualifica ons (NVQ) 7.7% 9,008
A Other Qualifica ons (NVQ) 7.2% 8,417
A NVQ 1 - SCQF L4 16.4% 19,309
A NVQ 2 - SCQF L5 20.0% 23,512
A Trade Appren ceships 3.2% 3,715
A NVQ 3 - SCQF L6 17.5% 20,558
A Higher Educa on Below Degree Level - SCQF L7-8 6.1% 7,124
A Degree or Equivalent and Above - SCQF L9 21.9% 25,743
Emsi Q1 2021 Data Set | www.economicmodeling.com 3Economy Overview
Demographics
2020 Age Cohort Demographics
2020 2020
Age Cohort Popula on Percent
A Under 16 years 40,067 21.0%
A 16 to 34 years 43,506 22.8%
A 35 to 54 years 50,854 26.7%
A 55 to 74 years 40,868 21.4%
A 75 years and over 15,305 8.0%
2020 Ethnicity Demographics
2020 2020
Ethnicity Popula on Percent
A All Other Ethnici es 5,504 2.9%
A Asian or Asian Bri sh: Indian 2,638 1.4%
A Mixed: All Mixed 3,529 1.9%
A Black or Black Bri sh: Black African 4,369 2.3%
A White 174,561 91.6%
Emsi Q1 2021 Data Set | www.economicmodeling.com 4Economy Overview Full Claimant Counts Emsi Q1 2021 Data Set | www.economicmodeling.com 5
Economy Overview Historic & Projected Trends Popula on Trends As of 2020 the region's popula on increased by 4.8% since 2015, growing by 8,650. Popula on is expected to increase by 4.3% between 2020 and 2025, adding 8,276. Timeframe Popula on 2015 181,951 2016 183,768 2017 184,479 2018 185,862 2019 187,199 2020 190,601 2021 192,345 2022 194,039 2023 195,692 2024 197,309 2025 198,877 Emsi Q1 2021 Data Set | www.economicmodeling.com 6
Economy Overview Job Trends From 2015 to 2020, jobs increased by 5.2% in Basildon from 83,632 to 87,980. This change fell short of the na onal growth rate of 5.5% by 0.3%. Timeframe Jobs 2015 83,632 2016 84,093 2017 86,102 2018 85,108 2019 87,216 2020 87,980 2021 88,989 2022 89,820 2023 90,526 2024 91,140 2025 91,511 Emsi Q1 2021 Data Set | www.economicmodeling.com 7
Economy Overview
Popula on Characteris cs
38,018 54,174 15,727
Millennials Re ring Soon Racial Diversity
Basildon has 38,018 millennials Re rement risk is about average in Racial diversity is low in Basildon.
(ages 25-39). The na onal average Basildon. The na onal average for The na onal average for an area
for an area this size is 37,573. an area this size is 57,553 people this size is 26,279 racially diverse
55 or older, while there are people, while there are 15,727
54,174 here. here.
Emsi Q1 2021 Data Set | www.economicmodeling.com 8Economy Overview
Industry Characteris cs
Industry Overview
% of
Total Avg. Wages Per Industry % Job Change Total
Industry Jobs Job (2020) LQ (2015 - 2020) GVA (2018) GVA
Manufacture of agricultural and forestry
939 £37,545 39.67 9.51% £30,233,595 0.73%
machinery
Wholesale of other office machinery
763 £35,539 14.96 32.26% £24,272,002 0.59%
and equipment
Manufacture of glues 91 £39,877 12.95 67.91% £6,568,765 0.16%
Manufacture of wiring devices 113 £34,519 12.64 -32.00% £5,860,628 0.14%
Retail sale of watches and jewellery in
1,302 £22,923 10.68 1,500.84% £47,887,462 1.16%
specialised stores
Remedia on ac vi es and other waste
199 £30,640 8.77 48.23% £6,891,463 0.17%
management services
Repair of communica on equipment 158 £46,557 8.63 57.46% £9,705,807 0.24%
Wholesale of live animals 24 £22,447 7.97 102.90% £0 0.00%
Other construc on installa on 875 £35,827 6.81 127.11% £45,649,280 1.11%
Manufacture of other machine tools 81 £32,582 6.46 54.18% £2,210,717 0.05%
Emsi Q1 2021 Data Set | www.economicmodeling.com 9Economy Overview
Largest Industries
Industry Jobs Na onal Average
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Human health and social work ac vi es
Professional, scien fic and technical ac vi es
Administra ve and support service ac vi es
Manufacturing
Construc on
Educa on
Accommoda on and food service ac vi es
Transporta on and storage
Financial and insurance ac vi es
Informa on and communica on
Public administra on and defence; compulsory social
security
Arts, entertainment and recrea on
Other service ac vi es
Real estate ac vi es
Water supply; sewerage, waste management and
remedia on ac vi es
Agriculture, forestry and fishing
0 5,000 10,000 15,000
Emsi Q1 2021 Data Set | www.economicmodeling.com 10Economy Overview
Top Growing Industries
Industry Jobs Growth
Professional, scien fic and technical ac vi es
Administra ve and support service ac vi es
Human health and social work ac vi es
Financial and insurance ac vi es
Accommoda on and food service ac vi es
Educa on
Arts, entertainment and recrea on
Water supply; sewerage, waste management and
remedia on ac vi es
Transporta on and storage
Construc on
0 500 1,000 1,500 2,000 2,500
Emsi Q1 2021 Data Set | www.economicmodeling.com 11Economy Overview
Top Industry LQ
Industry LQ
Construc on
Financial and insurance ac vi es
Professional, scien fic and technical ac vi es
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Water supply; sewerage, waste management and
remedia on ac vi es
Human health and social work ac vi es
Administra ve and support service ac vi es
Transporta on and storage
Arts, entertainment and recrea on
Manufacturing
Informa on and communica on
Other service ac vi es
Real estate ac vi es
Educa on
Accommoda on and food service ac vi es
Public administra on and defence; compulsory social
security
Agriculture, forestry and fishing
0.00 1.00
Emsi Q1 2021 Data Set | www.economicmodeling.com 12Economy Overview
Top Industry GVA
2018 Gross Value Added
Professional, scien fic and technical ac vi es
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Construc on
Human health and social work ac vi es
Manufacturing
Transporta on and storage
Administra ve and support service ac vi es
Informa on and communica on
Financial and insurance ac vi es
Educa on
Real estate ac vi es
Public administra on and defence; compulsory social
security
Accommoda on and food service ac vi es
Other service ac vi es
Arts, entertainment and recrea on
Water supply; sewerage, waste management and
remedia on ac vi es
Agriculture, forestry and fishing
£0.000 £200.0M £400.0M £600.0M £800.0M
Emsi Q1 2021 Data Set | www.economicmodeling.com 13Economy Overview
Top Industry Wages
2020 Wages Per Worker
Informa on and communica on
Construc on
Professional, scien fic and technical ac vi es
Manufacturing
Financial and insurance ac vi es
Transporta on and storage
Public administra on and defence; compulsory social
security
Water supply; sewerage, waste management and
remedia on ac vi es
Real estate ac vi es
Human health and social work ac vi es
Agriculture, forestry and fishing
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Other service ac vi es
Educa on
Administra ve and support service ac vi es
Accommoda on and food service ac vi es
Arts, entertainment and recrea on
£0 £10,000 £20,000 £30,000 £40,000
Emsi Q1 2021 Data Set | www.economicmodeling.com 14Economy Overview
Workforce Characteris cs
Largest Occupa ons
Occupa on Jobs Na onal Average
Professional
Associate Professional and Technical
Administra ve and Secretarial
Elementary
Managers, Directors and Senior Officials
Sales and Customer Service
Skilled Trades
Caring, Leisure and Other Service
Process, Plant and Machine Opera ves
0 5,000 10,000 15,000
Top Growing Occupa ons
Occupa on Jobs Growth
Elementary
Professional
Caring, Leisure and Other Service
Administra ve and Secretarial
Process, Plant and Machine Opera ves
Managers, Directors and Senior Officials
Associate Professional and Technical
0 200 400 600 800 1,000
Emsi Q1 2021 Data Set | www.economicmodeling.com 15Economy Overview
Top Occupa on LQ
Occupa on LQ
Process, Plant and Machine Opera ves
Skilled Trades
Managers, Directors and Senior Officials
Administra ve and Secretarial
Sales and Customer Service
Professional
Caring, Leisure and Other Service
Associate Professional and Technical
Elementary
0.00 1.00
Top Occupa on Wages
2020 Median Hourly Wages
Professional
Managers, Directors and Senior Officials
Associate Professional and Technical
Skilled Trades
Administra ve and Secretarial
Process, Plant and Machine Opera ves
Caring, Leisure and Other Service
Sales and Customer Service
Elementary
£0.00 £5.00 £10.00 £15.00 £20.00
Emsi Q1 2021 Data Set | www.economicmodeling.com 16Economy Overview
Top Posted Occupa ons
Unique Average Monthly Pos ngs
Professional
Associate Professional and Technical
Administra ve and Secretarial
Skilled Trades
Managers, Directors and Senior Officials
Caring, Leisure and Other Service
Elementary
Process, Plant and Machine Opera ves
Sales and Customer Service
0 500 1,000 1,500 2,000
Automa on Index
Automa on Index
Elementary
Process, Plant and Machine Opera ves
Skilled Trades
Administra ve and Secretarial
Sales and Customer Service
Caring, Leisure and Other Service
Associate Professional and Technical
Managers, Directors and Senior Officials
Professional
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%
Emsi Q1 2021 Data Set | www.economicmodeling.com 17Economy Overview
In-Demand Skills
Top Hard Skills Na onal Average
Warehousing
Audi ng
Mental Health
Accoun ng
Key Performance Indicators (KPIs)
Nursing
Business Development
Selling Techniques
Risk Analysis
Booking (Sales)
0 500 1,000 1,500 2,000
Emsi Q1 2021 Data Set | www.economicmodeling.com 18You can also read
