Glasgow Economic Facts

Employment Rate

Glasgows employment rate has increased substantially in recent years, but has been affected by the UK recession. A key macro indicator target set out in A Step Change for Glasgow is to raise the employment rate of the city to the Scottish average by 2016. At the launch of Step Change in 2006, Glasgows employment rate was around 64%, considerably below the average for the English Core Cities, and a full 9% points below the Scottish average. Glasgows working age employment rate was 62.3% in the period April 2010-March 2011, below the Scottish and Core City average:

Working Age Employment Rate

74 72 70 68 66 64 62 60 58 56 Scotland UK Glasgow City City of Edinburgh Core City Average 71.0% 70.2% 62.3% 71.5% 63.2%

The impact of the recession has been significant on the citys employment rate, evidenced by a peak in employment levels at 66.8% in 2008 which was followed by a phase of decline: Employment Rate
80 Employment Rate (%) 75 United Kingdom 70 65 60 55 50 2005 2006 2007 2008 2009 2010 Scotland Glasgow City City of Edinburgh Core City Average

Glasgow has had a very strong record of jobs creation over the last decade, faster than any other UK city. Between 2000-2008, Glasgow experienced a 14% growth in jobs while Scotland experienced a job growth rate of 8.3%. The sector that has generated the largest number of new jobs in this period is real estate, renting and business (27,600 jobs created), with significant

Employment Rate (%)

growth also experienced by health (17,900 jobs created), retail and wholesale (8,900) and education (2,900). Glasgows working age unemployment rate was 11.8% in 2010, following an upwards trend that originates from the UKs recession: Unemployment Rate
14 Unemployment Rate (%) 12 10 8 6 City of Edinburgh 4 2 0 2005 2006 2007 2008 2009 2010 Core City Average United Kingdom Scotland Glasgow City

Glasgow economy has changed substantially over the last 25 years, with the city moving from a major centre of production activity to a largely service sector economy. Recent research concludes that 84% of Glasgows jobs are within the service sector, up from 72% in 1981. Specific service sectors that are generating the largest numbers of jobs in the city are in finance, IT, business services, public administration, education and health: Glasgow Employment by Sector 2008
Manufacturing Construction
Other services, 6% Distribution, hotels & restaurants, 23%

Glasgow Service Sector Jobs 2008

Tourism
Public admin, education & health, 34% Transport & communications, 6%

Service

Finance, IT & other business activities, 31%

The private sector is the largest employer in Glasgow, providing 166,400 jobs in the city in 2010. The balance of private and public sector employment in Glasgow is very similar to the balance found in Edinburgh and the Core Cities: Private and Public Sector Jobs 2010
180,000 Private Sector Private Sector Private Sector

160,000
Number of jobs 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0 Glasgow City City of Edinburgh Core City Average Public Sector

Public Sector

Public Sector

2005 Labour Supply Employment Rate % Employment Unemployment Rate % Unemployed Labour Demand Private Sector Employment Public Sector Employment Job Density Employee Jobs Manufacturing Jobs Construction Jobs Tourism Jobs Service Jobs Employment by Occupation Managers and senior officials Professional occupations Associate professional & technical Administrative & secretarial Skilled trades occupations Personal service occupations Sales and customer service occupations Process plant & machine operatives Elementary occupations
25,300 27,800 38,800 33,900 24,500 23,500 29,300 17,300 29,100 176,500 73,400 1.12 441,000 24,000 17,500 30,300 367,100 63.5% 248,800 8.8% 24,000

2006

2007

2008

2009

2010

62.5% 247,000 8.2% 22,000

64.7% 258,100 7.8% 21,900

66.8% 269,400 6.1% 17,500

64.2% 259,300 9.7% 27,700

60.5% 245,300 11.8% 32,900

169,100 80,100 1.07 426,000 23,900 17,600 31,100 349,100

183,700 76,200 1.07 428,000 23,700 15,900 31,000 353,400

198,800 70,700 1.11 449,000 22,000 17,700 30,000 370,100

183,400 77,400 1.10 449,000

166,400 78,700

25,300 38,600 40,100 36,500 17,800 18,000 22,800 17,600 33,100

31,300 43,600 38,500 26,800 19,500 22,500 26,500 18,500 30,500

34,400 38,300 42,200 27,100 26,900 24,100 27,000 18,400 32,500

29,300 41,300 37,000 32,700 23,400 26,400 29,400 19,100 30,100

26,900 32,200 33,700 28,500 21,900 24,300 27,100 13,300 33,600

Source: Nomis, 2011