• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Analysis of the Major Sectors of Employment in Gloucestershire.

Extracts from this document...

Introduction

´╗┐Irshad Shiliwala Local Business Task 2 What are the main industries in your local area? The largest sector in Gloucestershire is in public administration, defence, education and health (30.1%) followed by manufacturing and wholesale and retail (26.8%). There are many core industries in Gloucestershire which are a source of employment or productivity and are a future growth opportunities. The areas of industry include : Creative industries ?The creative sector is defined by DCMS ( dept for culture media and sports ) as industries which have their origin in individual creativity skill or talent. They include advertising, architecture, art/antiques, film, music, tv , radio, computer gaming etc. Public sector- Education, public administration and health has been a major sector for employment in the south west. There are to be cuts made in this area by the coalition government. In 2008 there were over 35000 employed in the public sector this is about 14% of the work force. Public sector is divided into public administration and education. The numbers are divided up as 40% employed into public admin and 60% into education. There has been a decline in the no of people employed in the public sector since 2008, part time working is common. Between 2004 and 2008 there was a 33% decline in full time employment and 16% increase in part time employment in this sector. ...read more.

Middle

This is higher than the median for South West (£24,922), but lower than England (£26,615). The equivalent pay figure for all those working in Gloucestershire is £24,918, illustrating a tendency for residents to commute to other areas for higher paid work. Median gross full-time annual pay for Gloucestershire resident men is 27% higher than women. In the South West men’s pay is 29% higher and in England 25% higher. Economic projections by the ( LEFM ) Local economic forecasting model predict a future economic growth and potential changes in employment. Between 2009 and 2020 employment in Gloucestershire is expected to increase by 2.8% about 8500 jobs. The sectors seeing growth is predicted in Banking, finance, insurance, care and tourism sector. Manufacturing and public sector is set to decline. The labour force is expected to increase by 2020 to nearly 337000 an increase of 21000 people. The demand for labour is predicted to increase, In 2009 there were 301000 jobs this is set to slowly decline until 2016 and gradually increase by 2020. The overall increase of 8500 jobs, a growth of about 2.8%. Growth sectors are those activities that offer growth opportunities for the future, these include the future nuclear technology in energy supply, high tech engineering in aerospace, precision and medical instruments. Other growth sectors are the creative industries in the future improved broadband technologies. ...read more.

Conclusion

The business structures, business licenses, are the other legal issues. In the modern age environment concerns, is a huge cost and legal issues to companies to consider. Key environmental issues affecting business include industrial waste, sustainable development of raw materials and water and air emissions. These issues affect business because laws require businesses to change equipment and procedures to meet imposed standards, which costs businesses money. Waste is a huge issue for businesses to contend with, businesses that manufacture products in the process create waste, environmental laws prohibit the dumping of manufactured waste, so business have to decide how best to dispose it. Many implement recycling programs, others sell what they can of the waste to other manufacturers who use it in their own manufacturing processes as raw material. Either way, the effect is additional cost to the business in man hours, procedures, equipment and handling all specific to moving the waste products out of the business. At GE Healthcare where I am employed we have to manage all our waste in a strict manner, all waste is catalogued and differentiated into different waste cages, these are disposed off by specialized waste removal companies. All product waste is bonded in waste safe cages, records kept off what is discarded, only trained personnel are allowed to remove waste. Recycling is a big cost to the business as well, all paper, cardboard, glass, plastic, is segregated in individual waste safes to be removed by approved companies. This all add cost to the businesses and lowers profit margins. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Business Studies Edexcel Coursework

    or even more than once - they would not be inclined to promote Errol's business through word-of-mouth; perhaps it might even incline them to discourage other potential customers. This would give out the idea that the business is slacking, and customers may shy away from Errol's business - giving the

  2. NVQ BUSINESS AND ADMINISTRATION LEVEL 2: MODULE 201

    * Never talk so for the sake of it, or just to hear the sound of your own voice. * Do not rubbish a suggestion just because it was not you whom thought of it. Also do not make remarks about the person that suggested the idea.

  1. Free essay

    business sectors

    Robots are used to do the welding, painting and other processes involved in car manufacture. Computers are used to track product usage so orders/deliveries can be made when needed. The factory that supplies Mc Donald's with finished goods is called Keystone.

  2. Business Studies

    Corporate governance - This is the business practises that encourage companies to create value for shareholders and reduce risks of the business through adequate controls - Its aim was to develop a practise guide for companies to encourage: o Entrepreneurship o Innovation o Accountability o Effective risk management Topic 3

  1. Importance of terms and conditions of employment

    In failure to do so the employee might get hurt therefore the employer will need to give compensation to the employee. This will give a bad reputation to the company. The employers need to treat everyone with reasonably if not then this is a discrimination and the employee can take

  2. Functional Areas

    There are obvious links between health and safety and areas of McDonalds. Safety representatives will work in other functional areas and particular in more dangerous environments such as Production. Finance and its impact on functional areas All managers are concerned with the finance of their own areas.

  1. Competitor Analysis for Accessorize

    Since being purchased over one year ago it has been used on a regular basis, hand washed several times and only a very few gems or beads have fallen off this attractive bag. Most the women in my family purchase many products from Accessorize and rate every purchase greatly, saying they are all of high standard in every way.

  2. Functional Areas Report

    Furthermore the human resources people have to make sure that the lightening and temperature as well as the warmth has to be spot on, if not, one of Tesco's staff can complain. Tesco don't want this to happen, so the human resource workforce must be certain that the Tesco staffs are satisfied with the lightening and temperature in the store.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work