Business, Economics and Management

Labour Market Information- Business, Economics and Management

• Professionals, skilled trades, and managers, directors and senior officials are each projected to increase their share of total London employment from 2020 to 2036. This further shift towards more professional and senior roles is likely to be associated with increasing demand for higher level skills and qualifications.

• By the start of 2019, there were 2.4 million more businesses than the start of 2000, marking an impressive 69% increase.

• People with hybrid skillsets, such as technology and project management skills, are likely to be in demand and workers will need to continue training to develop new skills throughout their careers

• Redbridge has 10.7% of the population in managerial roles, compared to 11.4% nationally.

• In Redbridge, 17.7% of people own their own business, compared to 10% nationally.