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Dungannon & South Tyrone Borough Council. Mr Vinny Beggs Enterprise, Investment & Grants Manager October 2009. Socio Economic Profile. Strategy and Action Plan Labour Market Trends. Population. Estimated figure 2008 55,400 (44,000 in 1981) Net Growth of 25% Significant inward migration
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Dungannon & South TyroneBorough Council Mr Vinny Beggs Enterprise, Investment & Grants Manager October 2009
Socio Economic Profile • Strategy and Action Plan • Labour Market Trends
Population • Estimated figure 2008 55,400 (44,000 in 1981) • Net Growth of 25% • Significant inward migration • Higher proportion of children • Lower proportion of elderly Age Structure (2006) Source NISRA
Economic Activity • Unemployment • 2007 – 449 (1.8% - ‘Full Employment’) • 2009 – 1,670 (7.7% of work age population) *Highly significant • Global Economy Collapse • Local Businesses closing or contracting
Employment • Manufacturing 6,450 30% • Construction 1,347 6% • Services 13,635 63% • Other 255 1% • Total 21,687 Given unemployment now 1,000 + Assume 20,000 employed
Industry Sectors • Industry by Sectors – September 2007 • Almost 21,687 employees (non agriculture) • Enterprise in 2008 = 3,200 VAT registeredbusinesses
Occupational Structure Source NISRA
Earnings • N.I. April 2006 Average weekly median £325 Average weekly mean £408 • Dungannon 2006 Average weekly median £345 Average weekly mean £376
Agriculture • Employment in 2000 = 3800 2006 = 3500 • Farm Businesses in 2000 = 2075 2006 = 1975 • Trend falling numbers in both
Enterprise • Turnover • 37% turnover of less than £50K • 55 SMEs’ turnover of £5 million + • Size • 90% of Businesses employ less than 10 • Will this change? • What impact will / does this have?
Skills & Education • 2001 Census (Note) • 41% of NI working age population had no qualifications • 16% level 1 • 17 % level 2 (5+GCSEs’) • 8% level 3 (2+ A Levels) • 14% level 4 / 5 (NVQ Level 4 HNC/HND/Degree)
Skills & Education • School leavers 2004 – 2005 (Very significant) • 65% had 5+ GCSEs at C or above • Where did they go? • 30% to Further Education • 43% to Higher Education The Issue How many of the 43% returned? Don’t know Brain Drain!!!!!!
Housing • Number of households 18,000 – 20,000 • Owner 73% • Rented 26% (one in four) • Prices your guess???
Deprivation • 9th most deprived region in N.I. • 9% of population lives in most deprived locations • Income scale; 12,000 approx. experience income deprivation • Note: have to be analysed in the context of relevant reports
Local Intervention • £20 million under Rural Development Programme – until 2013 (Dungannon, Cookstown, Magherafelt and Fermanagh) • Council / DSD - £2.3 million • Council – Economic Development Actions (2009 – 2010) • Business Growth Programme (10 x SMEs) • Business Development Programme (10 x SMEs) University • Business Innovation Programme • Product Design • Young Entrepreneur • Young Inventor - Product/Process • Tourism / Flavour of Tyrone