Thanet - South East Skills
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Economy Overview
Thanet
Emsi Q1 2021 Data Set | www.economicmodeling.comEconomy Overview
Contents
.Report
. . . . . . Parameters
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.Economy
. . . . . . . . Overview
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.Demographics
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.Historic
. . . . . . .&. . Projected
. . . . . . . . . .Trends
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.Popula
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. . .Characteris
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.Industry
. . . . . . . .Characteris
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.Workforce
. . . . . . . . . .Characteris
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.In-Demand
. . . . . . . . . . Skills
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Emsi Q1 2021 Data Set | www.economicmodeling.comEconomy Overview Report Parameters 1 Local Authority E07000114 Thanet Class of Worker Employees The informa on in this report pertains to the chosen geographical area. Emsi Q1 2021 Data Set | www.economicmodeling.com 1
Economy Overview
Economy Overview
145,962 42,051 £27.1k
Popula on (2020) Total Regional Employment Avg. Wages Per Job (2020)
Popula on grew by 6,140 over
Jobs grew by 305 over the last 5 Regional average wages per job
the last 5 years and is projected to
years and are projected to grow are £3.2k below the na onal
grow by 6,555 over the next 5
by 1,104 over the next 5 years. average wages of £30.2k per job.
years.
Takeaways
As of 2020 the region's popula on increased by 4.4% since 2015, growing by 6,140. Popula on is expected to increase by
4.5% between 2020 and 2025, adding 6,555.
From 2015 to 2020, jobs increased by 0.7% in Thanet from 41,746 to 42,051. This change fell short of the na onal growth
rate of 5.5% by 4.8%.
Concerning educa onal a ainment, 20.5% of Thanet residents possess a Degree or Equivalent and Above - SCQF L9 (11.8%
below the na onal average), and 6.3% hold a Higher Educa on Below Degree Level - SCQF L7-8 (2.0% below the na onal
average).
The top three industries in 2020 are Hospital ac vi es, Primary educa on, and Retail sale in non-specialised stores with food,
beverages or tobacco predomina ng.
Popula on
(2020) Jobs (2020) GVA Imports Exports
Region 145,962 42,051 £1.51b £3.70b £2.33b
LEP - South East (revised) (2015) 4,311,328 1,625,951 £68.82b £131.74b £83.57b
Essex CC 1,504,035 592,661 £25.82b £51.03b £32.83b
Medway CC 286,286 94,855 £4.05b £10.05b £6.17b
Kent CC 1,591,871 622,672 £27.10b £51.85b £36.17b
East Sussex CC 567,059 185,366 £6.56b £15.49b £8.87b
Southend-on-Sea 185,757 63,999 £2.29b £5.43b £3.15b
Na on 67,233,643 31,121,359 £1.42t £2.01t £1.28t
Emsi Q1 2021 Data Set | www.economicmodeling.com 2Economy Overview
2020 Labour Force Breakdown
Popula on
A Total Working Age Popula on (16-64) 83,321
A Not in Labour Force 22,241
A Labour Force 61,080
145,962 A Employed 57,050
Popula on
A Unemployed 4,030
A Under 16 27,563
A Over 64 35,079
Educa onal A ainment
Concerning educa onal a ainment, 20.5% of Thanet residents possess a Degree or Equivalent and Above - SCQF L9 (11.8%
below the na onal average), and 6.3% hold a Higher Educa on Below Degree Level - SCQF L7-8 (2.0% below the na onal
average).
% of Popula on Popula on
A No Qualifica ons (NVQ) 9.2% 7,640
A Other Qualifica ons (NVQ) 5.9% 4,937
A NVQ 1 - SCQF L4 16.7% 13,888
A NVQ 2 - SCQF L5 17.8% 14,827
A Trade Appren ceships 4.3% 3,554
A NVQ 3 - SCQF L6 19.4% 16,183
A Higher Educa on Below Degree Level - SCQF L7-8 6.3% 5,227
A Degree or Equivalent and Above - SCQF L9 20.5% 17,065
Emsi Q1 2021 Data Set | www.economicmodeling.com 3Economy Overview
Demographics
2020 Age Cohort Demographics
2020 2020
Age Cohort Popula on Percent
A Under 16 years 27,563 18.9%
A 16 to 34 years 29,491 20.2%
A 35 to 54 years 34,156 23.4%
A 55 to 74 years 38,815 26.6%
A 75 years and over 15,938 10.9%
2020 Ethnicity Demographics
2020 2020
Ethnicity Popula on Percent
A All Other Ethnici es 2,574 1.8%
A Asian or Asian Bri sh: Indian 905 0.6%
A Asian or Asian Bri sh: Other Asian 1,210 0.8%
A Mixed: All Mixed 2,595 1.8%
A White 138,678 95.0%
Emsi Q1 2021 Data Set | www.economicmodeling.com 4Economy Overview Full Claimant Counts Emsi Q1 2021 Data Set | www.economicmodeling.com 5
Economy Overview Historic & Projected Trends Popula on Trends As of 2020 the region's popula on increased by 4.4% since 2015, growing by 6,140. Popula on is expected to increase by 4.5% between 2020 and 2025, adding 6,555. Timeframe Popula on 2015 139,822 2016 140,828 2017 141,337 2018 141,819 2019 141,922 2020 145,962 2021 147,297 2022 148,621 2023 149,927 2024 151,233 2025 152,518 Emsi Q1 2021 Data Set | www.economicmodeling.com 6
Economy Overview Job Trends From 2015 to 2020, jobs increased by 0.7% in Thanet from 41,746 to 42,051. This change fell short of the na onal growth rate of 5.5% by 4.8%. Timeframe Jobs 2015 41,746 2016 41,033 2017 42,015 2018 41,893 2019 42,012 2020 42,051 2021 42,367 2022 42,627 2023 42,847 2024 43,039 2025 43,155 Emsi Q1 2021 Data Set | www.economicmodeling.com 7
Economy Overview
Popula on Characteris cs
23,455 52,497 7,069
Millennials Re ring Soon Racial Diversity
Thanet has 23,455 millennials Re rement risk is high in Thanet. Racial diversity is low in Thanet.
(ages 25-39). The na onal average The na onal average for an area The na onal average for an area
for an area this size is 28,486. this size is 43,633 people 55 or this size is 19,923 racially diverse
older, while there are 52,497 here. people, while there are 7,069
here.
Emsi Q1 2021 Data Set | www.economicmodeling.com 8Economy Overview
Industry Characteris cs
Industry Overview
% Job
Avg. Wages Change % of
Total Per Job Industry (2015 - Total
Industry Jobs (2020) LQ 2020) GVA (2018) GVA
Manufacture of paints, varnishes and similar
532 £34,142 29.79 92.61% £13,104,855 0.87%
coa ngs, prin ng ink and mas cs
Manufacture of electric motors, generators and
231 £36,522 16.01 -53.72% £7,298,123 0.48%
transformers
Ac vi es of amusement parks and theme parks 326 £20,423 13.15 897.25% £5,293,727 0.35%
Manufacture of loaded electronic boards 129 £33,143 12.17 67.08% £2,782,338 0.18%
Manufacture of other ar cles of concrete, plaster
11 £36,236 7.50 -35.12% £471,115 0.03%
and cement
Passenger rail transport, interurban 574 £42,081 7.43 28.08% £21,228,270 1.41%
Manufacture and processing of other glass,
22 £24,384 7.05 -27.86% £549,977 0.04%
including technical glassware
Manufacture of games and toys 38 £27,381 6.88 -35.58% £6,439,703 0.43%
Manufacture of other products of wood;
manufacture of ar cles of cork, straw and plai ng 51 £20,291 5.98 8.61% £929,023 0.06%
materials
Repair and maintenance of aircra and spacecra 165 £42,930 5.64 5.04% £6,975,763 0.46%
Emsi Q1 2021 Data Set | www.economicmodeling.com 9Economy Overview
Largest Industries
Industry Jobs Na onal Average
Human health and social work ac vi es
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Educa on
Accommoda on and food service ac vi es
Manufacturing
Construc on
Professional, scien fic and technical ac vi es
Transporta on and storage
Public administra on and defence; compulsory social
security
Administra ve and support service ac vi es
Arts, entertainment and recrea on
Informa on and communica on
Other service ac vi es
Financial and insurance ac vi es
Real estate ac vi es
Water supply; sewerage, waste management and
remedia on ac vi es
Electricity, gas, steam and air condi oning supply
Agriculture, forestry and fishing
0 2,000 4,000 6,000 8,000
Emsi Q1 2021 Data Set | www.economicmodeling.com 10Economy Overview
Top Growing Industries
Industry Jobs Growth
Human health and social work ac vi es
Manufacturing
Accommoda on and food service ac vi es
Construc on
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Arts, entertainment and recrea on
Informa on and communica on
Water supply; sewerage, waste management and
remedia on ac vi es
Public administra on and defence; compulsory social
security
0 200 400 600 800 1,000
Emsi Q1 2021 Data Set | www.economicmodeling.com 11Economy Overview
Top Industry LQ
Industry LQ
Human health and social work ac vi es
Water supply; sewerage, waste management and
remedia on ac vi es
Educa on
Accommoda on and food service ac vi es
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Arts, entertainment and recrea on
Construc on
Manufacturing
Other service ac vi es
Transporta on and storage
Public administra on and defence; compulsory social
security
Real estate ac vi es
Electricity, gas, steam and air condi oning supply
Informa on and communica on
Professional, scien fic and technical ac vi es
Financial and insurance ac vi es
Administra ve and support service ac vi es
Agriculture, forestry and fishing
0.00 1.00
Emsi Q1 2021 Data Set | www.economicmodeling.com 12Economy Overview
Top Industry GVA
2018 Gross Value Added
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Human health and social work ac vi es
Construc on
Educa on
Manufacturing
Accommoda on and food service ac vi es
Real estate ac vi es
Transporta on and storage
Electricity, gas, steam and air condi oning supply
Professional, scien fic and technical ac vi es
Public administra on and defence; compulsory social
security
Administra ve and support service ac vi es
Water supply; sewerage, waste management and
remedia on ac vi es
Arts, entertainment and recrea on
Informa on and communica on
Financial and insurance ac vi es
Other service ac vi es
Agriculture, forestry and fishing
£0.000 £50.00M £100.0M £150.0M £200.0M
Emsi Q1 2021 Data Set | www.economicmodeling.com 13Economy Overview
Top Industry Wages
2020 Wages Per Worker
Electricity, gas, steam and air condi oning supply
Informa on and communica on
Water supply; sewerage, waste management and
remedia on ac vi es
Construc on
Professional, scien fic and technical ac vi es
Transporta on and storage
Real estate ac vi es
Manufacturing
Public administra on and defence; compulsory social
security
Financial and insurance ac vi es
Administra ve and support service ac vi es
Other service ac vi es
Educa on
Arts, entertainment and recrea on
Human health and social work ac vi es
Wholesale and retail trade; repair of motor vehicles and
motorcycles
Agriculture, forestry and fishing
Accommoda on and food service ac vi es
£0 £10,000 £20,000 £30,000 £40,000
Emsi Q1 2021 Data Set | www.economicmodeling.com 14Economy Overview
Workforce Characteris cs
Largest Occupa ons
Occupa on Jobs Na onal Average
Professional
Elementary
Caring, Leisure and Other Service
Associate Professional and Technical
Sales and Customer Service
Administra ve and Secretarial
Managers, Directors and Senior Officials
Skilled Trades
Process, Plant and Machine Opera ves
0 2,000 4,000 6,000 8,000
Top Growing Occupa ons
Occupa on Jobs Growth
Caring, Leisure and Other Service
Skilled Trades
Managers, Directors and Senior Officials
Process, Plant and Machine Opera ves
0 50 100 150 200 250 300
Emsi Q1 2021 Data Set | www.economicmodeling.com 15Economy Overview
Top Occupa on LQ
Occupa on LQ
Caring, Leisure and Other Service
Sales and Customer Service
Elementary
Professional
Skilled Trades
Managers, Directors and Senior Officials
Administra ve and Secretarial
Process, Plant and Machine Opera ves
Associate Professional and Technical
0.00 1.00
Top Occupa on Wages
2020 Median Hourly Wages
Professional
Managers, Directors and Senior Officials
Associate Professional and Technical
Process, Plant and Machine Opera ves
Skilled Trades
Administra ve and Secretarial
Caring, Leisure and Other Service
Sales and Customer Service
Elementary
£0.00 £5.00 £10.00 £15.00 £20.00
Emsi Q1 2021 Data Set | www.economicmodeling.com 16Economy Overview
Top Posted Occupa ons
Unique Average Monthly Pos ngs
Professional
Associate Professional and Technical
Caring, Leisure and Other Service
Elementary
Administra ve and Secretarial
Managers, Directors and Senior Officials
Skilled Trades
Process, Plant and Machine Opera ves
Sales and Customer Service
0 100 200 300 400 500 600
Automa on Index
Automa on Index
Elementary
Process, Plant and Machine Opera ves
Skilled Trades
Administra ve and Secretarial
Sales and Customer Service
Caring, Leisure and Other Service
Associate Professional and Technical
Managers, Directors and Senior Officials
Professional
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%
Emsi Q1 2021 Data Set | www.economicmodeling.com 17Economy Overview
In-Demand Skills
Top Hard Skills Na onal Average
Nursing
Mental Health
Personal Care
Au sm Spectrum Disorders
Rehabilita on
Learning Disabili es
Personal Protec ve Equipment
Audi ng
Warehousing
Surgery
0 200 400 600 800
Emsi Q1 2021 Data Set | www.economicmodeling.com 18You can also read
