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Greater London Authority - London Long Term Labour Market Projections
GLA Economics produces long-term employment projections for London by sector and by borough. The methodology in the accompanying report explains the approach adopted. Links to the 2022 employment projections (latest, interim update) Borough projections Sector projections London labour market projections report Links to previous employment projections Provided below are links to the previous versions of GLA Economics’ employment projections, with breakdowns of the numbers (historic and projected) available by sector and by local authority. 2017 Borough projections, 1971-2050 Sector projections, 1971-2050 London projections of scenarios London labour market projections report 2016 Borough Projections, 1971-2041 Sector Projections, 1971-2041 London labour market projections report 2015 Borough [trend-based only], 1981-2036 Sector, 1984-2036 Working paper 67 2013 Borough, 1984-2036 Sector, 1984-2036 London labour market projections report 2011 Borough [trend-based only, data excludes self-employed], 1981-2036 Sector, 1984-2036 Working paper 51 2009 Borough, 2011-2036 Sector [based on SIC 1992], 1971-2031 Working paper 38
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Greater London Authority - Wider South East Long Term Labour Market Projections
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GLA Economics presents employment projections for the Wider South East. There are separate projections and reports for London, the East of England, and the South East of England. The 2017 projections for the East of England and the South East of England are experimental. Links to the 2017 employment projections (latest) Sector projections (East of England) East of England labour market projections 2017 report Sector projections (South East of England) South East of England labour market projections 2017 report London long term labour market projections
Current Issues Note 40: Performance of GLA Economics' employment projections
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•GLA Economics has produced long-run projections of London’s employment since 2002. These projections are trend based and set out the long run path of employment considered most likely based on the historic data available at the time of construction. These are used within the GLA for planning to provide capacity to accommodate the longer-terms needs of the London economy. Given their importance to GLA policy planning, this note looks at how the GLA Economics’ employment projections have performed since 2002 and how this compares to projections from some other respected organisations. •Although GLA Economics’ employment projections are consistently below outturn, much of this is the result of upward revisions to historic employment data (which underpin the projections model). Further, the projections perform relatively well when looking at the projected annual growth rate and average annual error in relation to outturn, with the accuracy of the projections generally improving the longer the time period over which the estimates are analysed. •The revisions to historic employment data also drive much of the variability in the GLA Economics’ employment projections numbers over time. However, and by design, the revised projections are relatively consistent over time and average revisions between iterations in GLA Economics employment projections are relatively small.
Current Issues Note 40: Performance of GLA Economics' employment projections
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•GLA Economics has produced long-run projections of London’s employment since 2002. These projections are trend based and set out the long run path of employment considered most likely based on the historic data available at the time of construction. These are used within the GLA for planning to provide capacity to accommodate the longer-terms needs of the London economy. Given their importance to GLA policy planning, this note looks at how the GLA Economics’ employment projections have performed since 2002 and how this compares to projections from some other respected organisations. •Although GLA Economics’ employment projections are consistently below outturn, much of this is the result of upward revisions to historic employment data (which underpin the projections model). Further, the projections perform relatively well when looking at the projected annual growth rate and average annual error in relation to outturn, with the accuracy of the projections generally improving the longer the time period over which the estimates are analysed. •The revisions to historic employment data also drive much of the variability in the GLA Economics’ employment projections numbers over time. However, and by design, the revised projections are relatively consistent over time and average revisions between iterations in GLA Economics employment projections are relatively small.
Greater London Authority - Medium Term Economic Forecast
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London’s Economic Outlook is GLA Economics’ London forecast. The forecasts are issued every six months to assist those preparing planning projections for London in the medium term. The report contains the following: An overview of recent economic conditions in London, the UK and the world economies with analysis of important events, trends and risks to short and medium-term growth. The ‘consensus forecast’ – a review of independent forecasts indicating the range of views about London’s economy and the possible upside and downside risk. In this context, ‘consensus forecast’ refers to the average of the independent forecasters (Cambridge Econometrics, The Centre for Economic and Business Research, Experian Economics, and Oxford Economics) The GLA Economics forecast for output, employment, household expenditure and household income in London. Provided below are links to the current and previous versions of GLA Economics' medium term forecast for the level and growth rate of London's GVA, employment, household income and household expenditure. Forecasts for the growth and level of employment and GVA for selected sectors of the economy are also included. All output variables are measured in terms of output at basic prices. The price base for the latest dataset is 2011. All growth rates are in percentage change per annum. All employment levels are in millions. All output levels are in £bn.
Office for National Statistics - London's Jobs History
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A London series by industry and a borough series (no industry) 1984 to 2011. These data have been used by GLA Economics to forecast long-term employment projections and within GLA Economics' models for exports, tourism and life sciences. The two series are: 1. London Employment Jobs: a London level series which includes Employee Jobs and Self-Employment Jobs from 1984 to 2010 with industries by GLA Economics sectors on a SIC 2007 basis 2. A borough level Employee Jobs series 1984 to 2010 (no industry breakdown) Methods and assumptions behind the data are explained in the GLA Economics Working Paper 52 _Data Download_ Sector data Borough data _Notes_ Borough Data Source: ONS Employee Jobs, ONS Business Surveys, GLA Economics assuptions Data are for employees and do not include self-employment jobs Data are adjusted for series discontinuities only - no additional corrections have been made 1998 data for Richmond and 2000 data for Greenwhich where employee increases are high have not been adjusted Sector Data Source: ONS Employee Jobs, LFS, GLA Economics assuptions 2010 data are provisional Data include employees and self-employment jobs Edit Workforce Sector Data from nomis - updated to Dec-2011 _ _
GLA Economics - London's sectors - More Detailed Jobs
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More Detailed Jobs This dataset provides estimates of employee jobs in London down to 4-digit Standard Industry Classification level, from 1998 to 2022. The latest release was in July 2024 - see the related blog post. Estimates are based on Business Register and Employment Survey (BRES) and Workforce Jobs (WFJ) data published by the Office for National Statistics (ONS). The underlying assumptions are outlined in the methodology paper published alongside these data tables. Note that the 2014 and 2015 updates were republished (in March 2018) following additional disclosure checking.
GLA Economics - GVA per workforce job in London and the UK
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GLA Economics calculations of GVA per workforce job, by Section and Division of the UK Standard Industrial Classification 2007 (SIC07), for London and UK, attributable to the activities of the workforce. Regional data on GVA per Workforce Job by sector is also provided.