Business, Work & Employment

Employment and Jobs

We have a high employment rate with 78.7% of working-age residents in employment in 2020

business and employment
  • 62.8% of residents are of working age (16 to 64)
  • of those employed, 63.6% were in full-time jobs while 36.4% were in part-time jobs
  • in 2020, 82.7% of residents were economically active, and men (83.5%) are more economically active than women (82%)
  • out of those who are economically active (82.7%), 4.7% of residents were unemployed
  • in 2019 14.3% of households were workless
  • in 2020, 17.3% of residents were economically inactive
  • of those economically inactive, the largest group are people who are 'Long-term sick' at 24.6%
  • in 2019, there were 91,000 jobs in the borough. Job density (number of jobs per resident of working age 16 to 64) was 0.59 meaning Bexley has a low number of jobs in comparison to the rest of London
  • under the government's furlough scheme, 28% of eligible workers in the borough were furloughed
small business

Businesses

  • we have a larger private sector than public sector. There were 67,200 employees working in the private sector compared to 10,900 employees working in the public sector in 2019
  • there were 10,385 active enterprises in 2019 in the borough
  • in 2020, 98.6% of businesses had fewer than 50 employees. 92.4% had fewer than 10 employees. Only 0.2% of businesses had 250 or more employees
  • our largest industries (by % employees) in 2019 were ‘Wholesale and Retail Trade; Repair of motor vehicles and motorcycles’ at 18.2%, ‘Administrative and Support service activities’ at 11.7% and ‘Education and Health and Social work activities’ at 9.1%
  • the most common occupation categories for residents are ‘Professional Occupations’ at 22.6% and ‘Associate Professional and Technical’ at 17.8%

Income

  • the gross weekly pay for full-time workers who were residents in 2020 was £730.40. This is higher than London (£716.40)
  • we have a gender pay gap – male full-time workers make £793.40 per week while female full-time workers make £670.70 per week

Benefits

  • 5% of residents claim out-of-work benefits in 2021, meaning we have the 7th lowest claim rate in London
  • more men (5.8% of the male working population) claim out-of-work benefits than women (4.2% of the female working population)

Economic inclusion

  • we are the 8th least deprived borough in London, and no wards fall within the top 10% most deprived in the country
  • there are pockets of deprivation, mainly falling in the north of the borough but also elsewhere, such as the far south
  • 26% of children in Bexley live in households in poverty, we are the 6th lowest borough for child poverty in London