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.
Unemployment (April 2018 to March 2019) and unemployment claimant count (June 2019)
- The borough’s modelled rate of unemployment was 3.6% in the 12 months to March 2019, down from 4.5% a year ago (West Midlands 4.6% and England 4.1%).
- The youth unemployment rate was 11.4% (West Midlands 14.2% and England 11.6%).
- The borough's claimant count (number of people claiming unemployment benefits) was 2,805 in June 2019, an increase from 1,975 in June 2018. The rate, 2.5% is lower than regional (3.5%) and national (2.7%) comparators.
- Young people (aged 16 - 24) represented 22.5% of all unemployment benefit claimants in June 2019.
Employment by occupation (April 2018 to March 2019)
- The three largest occupational groups were: professional occupations (16.6%), associate professional and technical occupations (13.0%) and elementary occupations (12.3%).
Employee jobs (2017)
- There were 85,950 employee jobs (the number of jobs held by employees) in the borough in 2017, down 0.3% from a year ago.
- The largest proportion of employee jobs were in manufacturing with 16.3% (West Midlands 11.3% and England 7.9%), followed by business administration and support services at 12.8% (West Midlands 8.4% and England 9.1%).
Earnings by place of workplace (2018)
The median gross weekly earnings for full-time workers in Telford and Wrekin were £522.30 in 2018 (West Midlands £536.60 and England £574.90).
- There were 6,155 local 'units' in VAT and/or PAYE based enterprises in the borough in 2018.
- There were 635 Business 'births' and 570 business 'deaths' in 2018.
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%).
Please see our quarterly economic profile for further information.