We produce a quarterly economic profile containing detailed information about the economy and jobs in Telford and Wrekin. If you need more information about the borough's economy or want to contact someone about business support, please visit the business section of our website.
- The borough has a diverse manufacturing sector, a burgeoning tourism sector and research and development facilities.
- The biggest contributors to the Borough’s economy are: distribution, transport, accommodation and food; manufacturing and public administration and education and health.
Employment (Jan 2017-Dec 2017)
- An estimated 80,800 people (aged 16-64) were employed in the year to December 2017.
- The three largest occupational groups in December 2017 were: Professional occupations (17.8% of the Borough’s workforce); Elementary occupations (13.2%) and Associated professional and technical occupations (12.9%).
- There were 86,300 jobs in the Borough in 2016, up 3.6% from a year ago.
- The largest number of jobs were in the Manufacturing (15.1%), Business (10.4%) and Health (10.4%) services.
Earnings by place of workplace
- Median weekly earnings for full-time workers in Telford & Wrekin was £478.5 in 2017 (WMidlands £517.4 and Eng £555.8).
- There were 6,250 business 'units' in VAT and/or PAYE based enterprises in the Borough in 2017.
- Business 'births' (635) exceeded business 'deaths' (465) for a six consecutive year in 2016.
Qualifications (Jan 2017-Dec 2017)
- 29.5% of the Borough working age residents were qualified to NVQ4 and above in the year ending December 2017 (WMidlands 31.8% and Eng 38.3%)
- 8.0% of the working age residents had no qualifications (WMidlands 10.4% and Eng 7.6%).
Unemployment (Jan 2017-Dec 2017) and Claimant count (March 2018)
- The Borough’s unemployment rate was 4.7%, equating to approximately 4,000 of the working age residents (West Midlands 5.2% and England 4.4%).
- The youth unemployment rate was 15.8% (West Midlands 15.6% and England 12.3%).
- 2,090 people aged 16-64 in the Borough were claiming unemployment benefits in March 2018.
Please see our quarterly economic profile for further information.