Metropolitan Borough of Walsall - Economy

Economy

Walsall MBC Compared
2001 UK Census Walsall MBC West Midlands county England
Population (16-74) 180,623 1,807,918 35,532,091
Full-time employment 39.1% 38.6% 40.8%
Part-time employment 11.9% 11.1% 11.8%
Self-employed 6.0% 5.7% 8.3%
Unemployed 4.4% 4.6% 3.3%
Retired 14.8% 13.5% 13.5%
Source: Office for National Statistics

At the time of the 2001 Census, there were 105,590 people (41.7%) in employment who were resident within Walsall Metropolitan Borough. Of these, 18.60% worked within the wholesale and retail trade, including repair of motor vehicles; 26.44% worked within manufacturing industry; and 9.85% worked within the health and social work sector.

As of the 2001 UK census, Walsall Metropolitan Borough had 180,623 residents aged 16 to 74. 2.3% of these people were students with jobs, 6.0% looking after home or family, 6.8% permanently sick or disabled and 2.4% economically inactive for other reasons. These figures are roughly in line with the averages for England, though Metropolitan Borough of Walsall has a higher rate of people who are permanently sick and disabled, where the national average is 5.3%.

The Metropolitan Borough of Walsall is split between several Travel to Work Areas (TTWA). The central and northern areas of the borough (including the towns of Walsall, Bloxwich and Brownhills) are within the Walsall and Cannock TTWA, whilst the majority of the area west of the M6 motorway (including the towns of Willenhall and Darlaston) is within the Wolverhampton TTWA. The southeast of the Metropolitan Borough (including Streetly) is within the Birmingham TTWA. The entire borough is within the Birmingham Larger Urban Zone.

Average house prices in the Metropolitan Borough of Walsall were fourth out of the metropolitan boroughs in the West Midlands county, with the average house price within the borough being £131,131 during the period April - June 2009, compared with the average across the Metropolitan County of £128,142.

Read more about this topic:  Metropolitan Borough Of Walsall

Famous quotes containing the word economy:

    Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.
    Henry David Thoreau (1817–1862)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)