• 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...


´╗┐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.


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.


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. Importance of terms and conditions of employment

    If there was no terms and conditions then it would be difficult to solve any dispute. If they are clear then the employees and employer know what their rights and responsibilities are. Also know where they stand at. If dispute does happen then it will be easier to sort out

  2. 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.


    * To start with a little research into the people for whom you are providing the information for is usually helpful. * You will need to know what they need information on, and what they already know. * You will want to ensure that you explain any additional information that may be required.

  2. IGCSE Businesses Studies Revision Notes

    into the business, like different ways of working and motivation There may be jealousy and rivalry amongst the existing employees External recruitment - When a vacancy is filled by someone who is new to the business Most vacancies are filled by external recruitment, with advertisements in places like...

  1. Business Studies

    costs through economies of scale and remove profit margin in supplier prices * Use JIT inventory management * Use transfer pricing to reduce tax and negative exchange rate effects - Global web (components produced in different countries) > Involves businesses sourcing inputs and manufacturing from cheapest origins and distributing to

  2. Functional Areas

    They are the key to achieving this aim. E.g. If Burger King our providing a better customer service then McDonalds then customers will decide to go there instead. McDonalds can attract new customers by fast and efficient customer service. Marketing and Sales can also help achieve this aim as they research.

  1. Ann Hopkins Case Analysis

    Hopkins about how she could improve her chances for partnership, and gave her advice about her hair, makeup, clothing, and jewelry. Hopkins said she found these conversations offensive (23). By the summer of 1982, Ann Hopkins was focusing her time on projects other than the State Department work.

  2. How the Equality Act, Employment Act and Health and Safety at Work Act ...

    HR needs to ensure that they way the candidates are shortlisted complies with the equality act 2010. Therefore they can face fines as well as poor reputation which will put off future candidates and demotivate current employees. Primark can also use the equality commissions website for further help and advice .

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