Economics

Vision and Aims of Council and Partnership

We want a borough that is prosperous and attractive to our communities and visitors, local businesses and potential investors.

Common indicators

In the absence of a measure like growth/loss of gross domestic product for an area like Enfield, it is common practice to use a number of indicators to portray economic health. Some of these indicators are given below.

Household income

The average household income in Enfield in 2008 was below that of London but higher than Great Britain:

RegionAnnual income (gross)
Enfield£37,444
London£39,892
Great Britian£34,417

Source: CACI PayCheck

There is a marked geographic divide in low income levels across the Borough – see map below:

Map showing average levels of income in areas of Enfield

Click on map to see larger image

Link to ward level data

Employment

The trend in jobs in the area is shown by the graph below:

Trend in Jobs Graph for Enfield

Source: GLA Economics annual long-run employment series as provided by Experian Business Strategies and ONS, Crown Copyright

Link to sectoral data

Major Employers

Prominent employers in the private sector include: Coca-Cola Enterprises, Warburtons, IKEA, Allied Pickfords, Royal Bank of Scotland and Visteon. The largest employers are in the public sector, notably Enfield Council and the various NHS trusts.

Unemployment

The Jobseekers Allowance claimant count rates at September 2008 were estimated to be as follows:

RegionPercent
Enfield4.5%
London3.9%
Great Britian3.4%

Source: Greater London Authority

Worklessness

At May 2008 the number of working age claimants of the main State welfare benefits was 29,560. The comparative proportions of the estimated working age population were:

RegionPercent
Enfield16.4%
London13.9%
Great Britian13.9%

Source of data: DWP and ONS

Link to ward data