Page 96 - Minutes of meeting
P. 96

The Productivity Challenge

   Employment and Business Base




                                                                                                                       The upper right quadrant of the adjacent figure

     Barrow’s Employment Strengths, 2013-18                                                                            illustrates that employment in Barrow exhibits
                                                                                                                       specialisation in three sectors:


                                                                                                                       + Manufacturing is important in both
                                                                                                                            absolute and relative terms, as it employed

                                                                                                                            9,805 individuals in Barrow in 2018 and has
          Low Presence, High Growth                 High Presence, High Growth
                                                                                                                            a LQ of 3.98 (where England = 1.0). It also
                                                                                                                            grew significantly (21%) between 2013-18.


                                                                                                                       + Retail employed 4,370 individuals, has a
                                                                                                                            LQ of 1.26 and grew by 19%.


                                                                                                                       + Utilities and waste is less significant in
                                                                                                                            absolute terms (employed 425 individuals),
                                                                                                                            but exhibits relative importance with an LQ
                                                                                                                            of 1.22. Crucially, it grew significantly by
          Low Presence, Low Growth                  High Presence, Low Growth
                                                                                                                            42% between 2013-2018.
















   Source: BRES, ONS, 2019      Note: Figures based on Barrow LA. The Employment LQ is defined against England where England = 1.0
   91   92   93   94   95   96   97   98   99   100   101