Economy
As of the 2001 UK census, the Alderley Edge ward had a possible workforce of approximately 2157 people. The economic activity of residents in the Alderley Edge electoral ward was 36.9% in full-time employment, 10.2% in part-time employment, 29.3% self-employed, 1.7% unemployed, 1.4% students with jobs, 3.5% students without jobs, 19.3% retired, 7.5% looking after home or family, 2.8% permanently sick or disabled and 2.0% economically inactive for other reasons. Alderley Edge has a very high rate of self-employment (29.3%) compared with rest of the Macclesfield borough (22.7%) and England (16.6%). Alderley Edge also has low rates of unemployment (1.7%) compared with the rest of the Macclesfield borough (2.0%) and England (3.3%). The Office for National Statistics estimated that during the period of April 2001 to March 2002 the average gross weekly income of households in Alderley Edge was £720 (£37,440 per year).
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Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)