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Swansea Economic Profile

The profile provides a statistical overview of Swansea's labour market and economy using published data from official sources.

Information and statistics for Swansea are available for the following topics:

Introduction and summary

  • Table: Key labour market and economic indicators.

Workforce structure and economic activity 

  • The quarterly Annual Population Survey (APS) data published by the Office for National Statistics (ONS) for the survey period to September 2023, including economic activity and employment rates, and a number of other key variables.

Employment

  • Employment by industry: 2022 estimates on a workplace basis via ONS' Business Register and Employment Survey (BRES), an annual business survey which collects employment information.
  • Employment by occupation: APS statistics for the period ending September 2023.
  • Unemployment: local and national data on the claimant count (as at December 2023) and the latest quarterly model-based unemployment estimates (for the period ending September 2023).  Files are also available showing trends in these statistics.

Further local and national statistics are included in the quarterly 'Labour Market Statistics' bulletin available at the web page Labour market statistics.

Additional Labour Market Indicators

  • Commuting: a summary of annual statistics released by Welsh Government (based on APS data for 2022), which shows estimated daily flows in/out of Swansea and adjacent local authority areas.
  • Workforce qualifications: annual APS estimates (for 2022) showing the educational attainment of the working age (16-64) population, by RQF level.

Business activity

  • ONS data summarising the number of active businesses in Swansea in 2022, 'births' (business start-ups), 'deaths' (closures) and business survival rates. 

Economic Indicators

  • GVA (Gross Value Added): GVA data (for 2021) released by the Office for National Statistics (ONS) in April 2023, including GVA per head figures and recent trends (2016-2021) for Swansea, Wales and UK.
  • Gross Disposable Household Income (GDHI): 2021 data for Swansea released by ONS in September 2023, including GDHI per head figures, recent trends (2016-2021) and equivalent regional and national data.
  • Earnings: results from the ONS Annual Survey of Hours and Earnings (ASHE) - gross median full-time weekly and annual earnings of employees in employment as at April 2023.
  • House prices and sales: average house price data for Swansea (as at November 2023), together with recent statistics on completed house sales, sourced from the ONS/Land Registry House Price Index.

The full profile (PDF) [1MB] document (January 2024) is also available to view or download.

Introduction and summary

Key labour market and economic indicators.

Workforce Structure and Economic Activity

Annual Population Survey (APS) data.

Employment

Employment by Industry; Employment by Occupation; Unemployment.

Additional Labour Market Indicators

Commuting; Qualifications.

Economic Indicators

GVA (Gross Value Added); GDHI (Gross Disposable Household Income); Earnings; House Prices and Sales.
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