Local Economy
2.5 The District’s traditional economic base was founded on textiles, engineering and other manufacturing industries. In recent years, service industries have overtaken manufacturing in terms of number of employees. Employment in the financial services has increased significantly, HBOS is the single biggest private sector employer and tourism-related jobs have risen. However, manufacturing continues to account for almost a quarter of local employment, far above West Yorkshire and national levels.
Whilst more men than women are in work, increasing numbers of both men and women work part-time. Average pay is below national hourly rates but above West Yorkshire averages. Increasingly, the workforce is more mobile, with 31% of residents working outside the District and 38% of jobs in Calderdale being filled by people from other areas.
The overall unemployment rate is 2.2%, well below the regional average and under that for the UK. In Calderdale, one in twenty people who are out of work have been without jobs for longer than 12 months and just under one third are under 25 years old. From 2001 Census data, 17% of those in the minority ethnic population seeking work were unemployed, compared to 5% in the white population.