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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“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)