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%.
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Famous quotes containing the word economy:
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)