In Hackney in 2015-16, 132,000 working age residents were in employment – an employment rate of 66%. 6  Only a minority (20%) work within the borough of Hackney, with most working in other local authority areas (see Table 2).

Table 2: Location of employment of adult Hackney residents (age 16+, 2011)

Location Percentage of residentsC
Hackney 20%
Westminster & City of London 23%
Islington 11%
Camden 10%
Tower Hamlets 8%
Other local authorities 28%

Source: Census.  (NOMIS table WF02EW)

In the City of London, the weekday population (comprising mostly of City workers) is more than 56 times the size of the small resident population – around 438,000 people worked in the City in 2015, an increase of 27% since 2010. 7

Data from the Annual Population Survey (APS) show that, between July 2015 and July 2016, almost two thirds (60%) of Hackney’s working residents were employed in management, professional or associate professional occupations (categories 1-3 in the NOC2010 system, see introduction section for definitions). 8

In 2012, over half of Hackney employers (7,840 businesses in total) were in the ‘knowledge’ industries – such as information and communication, finance and insurance, property, professional, scientific and technology services.  Recent years have seen significant growth in Hackney in the information and communication sector, as well as the professional, scientific and technology sectors.  For further information, see the 2014 ‘Local Economic Assessment Headlines’ report. 9

Figure 1 shows the major industries of employment for Hackney residents between July 2015 and June 2016.  This is a very similar pattern to the industries of employment of those working in Hackney (whether resident or not) over the same period.

Figure 2 shows the major industries of employment for those working in the City of London over this same period. No data on industry of employment of residents is available for the City.

Figure 1: Employment by industry for Hackney residents (July 2015-June 2016)

Around a third of all people work in banking, finance and insurance and equal amount work in public admin, education and health.
Figure 1: Employment by industry for Hackney residents (July 2015-June 2016)

Source: ONS Annual Population Survey

Figure 2: Employment by industry for those working in the City of London (July 2015-June 2016)

Around half of all people work in banking, finance and insurance .
Figure 2: Employment by industry for those working in the City of London (July 2015-June 2016)

Source: ONS Annual Population Survey

In 2016, the medianD weekly pay for full-time employed workers in Hackney was £618.10, excluding overtime and the self-employed. The equivalent median hourly pay for full-time employed workers in Hackney was £16.25. In the City, the median weekly pay for full-time employed workers was £957.30 (again excluding overtime and the self-employed), and the equivalent median hourly wage was £25.94. 10

Notes

  1. This does not include residents who work at home or have no fixed work address
  2. The median of a collection of values (in this case, weekly pay for full-time workers) is the value that is higher than 50% of values and lower than 50% of values. This measure is used so that a few very high (or very low) values do not skew the reporting of averages.
  3. This does not include residents who work at home or have no fixed work address
  4. The median of a collection of values (in this case, weekly pay for full-time workers) is the value that is higher than 50% of values and lower than 50% of values. This measure is used so that a few very high (or very low) values do not skew the reporting of averages.

References

  1. NOMIS, “NOMIS – data set for employment,” [Online]. Available: https://www.nomisweb.co.uk/reports/lmp/la/1946157248/report.aspx#tabeinact. [Accessed October 2016]
  2. Office for National Statistics, “Business Register and Employment Survey,” 2015.
  3. Office for National Statistics, “Annual Population Survey,” 2016.
  4. London Borough Hackney, “2014 Local Economic Assessment Headlines,” London Borough Hackney Corporate Policy and Partnerships, 2014
  5. NOMIS. [Online]. Available: http://webarchive.nationalarchives.gov.uk/20160105160709/http://www.ons.gov.uk/ons/guide-method/classifications/current-standard-classifications/soc2010/soc2010-volume-3-ns-sec–rebased-on-soc2010–user-manual/index.html.
  6. NOMIS, “NOMIS – data set for employment,” [Online]. Available: https://www.nomisweb.co.uk/reports/lmp/la/1946157248/report.aspx#tabeinact. [Accessed October 2016]
  7. Office for National Statistics, “Business Register and Employment Survey,” 2015.
  8. Office for National Statistics, “Annual Population Survey,” 2016.
  9. London Borough Hackney, “2014 Local Economic Assessment Headlines,” London Borough Hackney Corporate Policy and Partnerships, 2014
  10. NOMIS. [Online]. Available: http://webarchive.nationalarchives.gov.uk/20160105160709/http://www.ons.gov.uk/ons/guide-method/classifications/current-standard-classifications/soc2010/soc2010-volume-3-ns-sec–rebased-on-soc2010–user-manual/index.html.