We have a high employment rate with 77.9% of working-age residents in employment in the 12 months up to June 2022
62.8% of residents are of working age (16 to 64)
82.3% of residents are economically active, and men (82.9%) are more economically active than women (81.5%)
of those who are economically active (82.3%), 3.8% of residents were unemployed
17.7% of residents are economically inactive
of those economically inactive, the largest group are students at 35.7%
there are 10,000 students aged 16 and over
in 2020, there were 85,000 jobs in the borough, which has declined since 2019
of jobs in Bexley, 64.9% were full-time jobs while 36.5% were part-time jobs
job density (number of jobs per resident of working age 16 to 64) was 0.54 meaning Bexley has a low number of jobs in comparison to the rest of London (job density of 0.99)1
Businesses
we have a larger private sector than public sector. There were 64,400 employees working in the private sector compared to 11,200 employees working in the public sector in 20202
there were 8,855 active enterprises in 2022 in the borough1
in 2022, 98.8% of businesses had fewer than 50 employees. 92.0% had fewer than 10 employees. Only 0.2% of businesses had 250 or more employees1
our largest industries (by % employees) in 2021 were ‘Wholesale and Retail Trade; Repair of motor vehicles and motorcycles’ at 18.9%, ‘Administrative and Support service activities’ at 12.2% and ‘Education and Health and Social work activities’ at 10.8%1
the most common occupation categories for residents are ‘Professional Occupations’ at 29.8% and ‘Administrative and Secretarial Occupations’ at 13.9%1
Income
the gross weekly pay for full-time workers who were residents in 2022 was £780.60. This is higher than London (£765.40)
we have a gender pay gap – male full-time workers make £854.50 per week while female full-time workers make £690.00 per week
gross weekly pay for residents is higher than gross weekly pay for workers in Bexley1
Benefits
3.1% of residents claim out-of-work benefits, meaning we have the 6th lowest claim rate in London
more men (3.4% of the male working population) claim out-of-work benefits than women (2.8% of the female working population)1
Economic inclusion
we are the 8th least deprived borough in London, and no wards fall within the top 10% most deprived in the country3
there are pockets of deprivation, mainly falling in the north of the borough but also elsewhere, such as the far south3
14.5% of children in Bexley live in low-income families (before housing costs), we are the 13th lowest borough in London for the number and percentage of children in low-income families4