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 (Apr 2017 - Mar 2018)
- An estimated 80,600 people were employed in the year to March 2018.
- The three largest occupational groups were: Professional occupations (18.6%), associated professional and technical occupations (13.4%) and elementary occupations (13.3%).
- 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 (Apr 2017 - Mar 2018) and Claimant count (June 2018)
- The Borough’s modelled rate of unemployment was 4.5% in the year to March 2018, down 0.3% points from the same period a year ago (West Midlands 5.0% and England 4.3%).
- The youth unemployment rate was 18.4% (West Midlands 14.5% and England 12.1%).
- The Borough's total claimant count was 1,990 in June 2018.
- Young people (aged 16-24) represented 23.7% of all claimants.
Please see our quarterly economic profile for further information.