Page 97 - Minutes of meeting
P. 97

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
   92   93   94   95   96   97   98   99   100   101   102