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 by Occupation (July 2017 - June 2018)
The three largest occupational groups were: professional occupations (17.8%), elementary occupations (12.7%) and associated professional & technical occupations (12.4%).
Employee Jobs (2017)
- There were 85,950
employee jobs (the number of jobs held by an employee) in the Borough in
2017, down 0.3% from a year ago.
- The manufacturing sector (16.3%) accounted for the largest proportion of all employee jobs in the Borough (West Midlands 11.3% and England 7.9%), followed by the business administration & support services at 12.8% (West Midlands 8.4% and England 9.1%).
Earnings by place of workplace
The median gross weekly earnings for full-time workers in Telford & Wrekin were £522.30 in 2018 (West Midlands £536.60 and England £574.90).
- 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 (West Midlands 31.8% and England 38.3%).
- 8.0% of the working age residents had no qualifications (West Midlands 10.4% and England 7.6%).
Unemployment (July 2017 - June 2018) and Claimant count (September 2018)
- The Borough’s modelled rate of unemployment was 4.8% in the 12 months to June 2018, up from 4.4% a year ago (West Midlands 4.8% and England 4.2%).
- The youth unemployment rate was 20.4% (West Midlands 14.5% and England 12.0%).
- The borough total claimant count was 1,875 in September 2018, down from 1,910 in August 2018
- Young people (aged 16-24) represented 24.3% of all claimants in September 2018.
Please see our quarterly economic profile for further information.