Economy
In common with changes in the post-war years most of the residents in employment work outside the village, in Cambridge and elsewhere. There are small industrial units scattered throughout the area, together with a thriving high-street with a selection of shops and small businesses. Marshall Aerospace, the aircraft maintenance company and owners of Cambridge airport, to the North, has been a major employer in recent decades.
In 2001 the economically active population was estimated at 4,186 (70% of the population aged 16 to 74). Unemployment was given as 2.4%.
Read more about this topic: Cherry Hinton
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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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)