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Swansea Economic Profile

July 2020

The PDF Document Swansea Economic Profile (PDF, 1MB)Opens new window provides a statistical overview of Swansea's labour market and economy which brings together recent published data from various official sources:

Labour Force Structure: the quarterly Annual Population Survey (APS) data published by the Office for National Statistics (ONS) for the survey period to March 2020, including economic activity and employment rates, and a number of other key variables.  A separate section of the profile details employment by occupation (also using APS statistics).

Employment: 2018 estimates on a workplace basis via ONS' Business Register and Employment Survey (BRES), an annual business survey which collects employment information.

Unemployment: local and national data on the claimant count - claimants of Jobseekers Allowance plus claimants of Universal Credit who are required to seek work (as at June 2020) - and the latest quarterly model-based unemployment estimates (for the period ending March 2020).

Commuting: a summary of annual statistics released by Welsh Government (based on APS data for 2019), which shows estimated daily flows in/out of Swansea and adjacent local authority areas.

Workforce qualifications: annual APS estimates (for 2019) showing the educational attainment of the working age (16-64) population, by NVQ level.

Business Activity: ONS data summarising the number of active businesses in Swansea in 2018, 'births' (business start-ups), 'deaths' (closures) and business survival rates. 

GVA (Gross Value Added): GVA data (for 2018) released by the Office for National Statistics (ONS) in December 2019, including GVA per head figures and recent trends (2013-2018) for Swansea, Wales and UK.

Gross Disposable Household Income (GDHI): 2018 data for Swansea released by ONS in June 2020, including GDHI per head figures, recent trends (2013-2018) 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 2019.

House Prices and Sales: average house price data for Swansea (as at March 2020), together with recent statistics on completed house sales, sourced from the ONS/Land Registry House Price Index.

Further local and national statistics are included in the quarterly 'Labour Market Statistics' bulletin available at the web page www.swansea.gov.uk/labourmarketstatistics.

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