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Analysis of the Major Sectors of Employment in Gloucestershire.

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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.

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