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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“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)