Economy
The Port of Sheerness is a significant feature of the Isle of Sheppey's economy. Covering more than 1.5 million square metres, it is one of the largest foreign car importers in the UK, and it handles thousands of tonnes of fruits and meat products from all over the world. Inexpensive land and good infrastructure, including a rail network that branches off the main passenger line, have attracted industries to the port area, including producers of pharmaceuticals, steel, sausages and garden gnomes. The major employers are HBC Engineering Solutions, Sheerness Steel, Regis Furniture and The Bond Group - although HBC has closed and the Steel plant is currently closed but may reopen. The steel mill was established in 1972, designed to recycle scrap steel into rods and coils. It has survived a number of closure threats and changes of ownership, although it went into administration in January 2012. Since 2003 it has been operated by Thamesteel.
The seafront is popular with tourists, and as of 2007 Sheerness' recently refurbished town centre had more than 200 shops.
As of the 2001 UK census, 35.8% of residents aged 16–74 were employed full-time, 11.6% part-time, 5.8% self-employed and 6.2% unemployed, while 1.5% were students with jobs, 3.4% students without jobs, 11.9% retired, 10.6% looking after home or family, 8.5% permanently sick or disabled and 4.8% economically inactive for other reasons. The unemployment rate of 6.2% was high compared to the national rate of 3.4% and was the highest rate throughout the Swale district. Five percent of Sheerness residents aged 16–74 had a higher education qualification compared to 20% nationally.
Employment by industry was 22% manufacturing; 18% retail; 10% construction; 10% transport and communications; 9% real estate; 8% health and social work; 6% public administration; 5% education; 5% hotels and restaurants; 1% finance; 1% agriculture; 1% energy and water supply; and 4% other community, social or personal services. Compared to national figures, Sheerness had a relatively high percentage of workers in manufacturing, transport and communications, and a relatively low percentage in agriculture, hotels, restaurants, education, health, social work and finance.
As of the 2001 UK census, 4,292 of the town's residents were employed and there were 5,532 jobs within the town. According to Office for National Statistics estimates, the average gross weekly income of households in Sheerness from April 2001 to March 2002 was £385 (£20,075 per year).
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—Ralph Waldo Emerson (1803–1882)