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Within the Private Sector
76 % of London’ s employment is in the private sector
46 FACT FILE
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Small & Medium sized enterprises( SMEs)
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Employment in private sector SMEs by sector
Within the Private Sector
u 49 % of private sector employment in London occurs within small and medium-sized enterprises( SMEs). The other 51 % of private sector employment occurs within large firms.
Source: GLAECONOMICS Employment in London by firm size- May 2008
u Amongst private sector SMEs, the largest sector by some distance is the business services sector, which accounts for 37 % of SME private sector employment in London. There are then five sectors that have 8-9 % of SME employment each. These are manufacturing, wholesale, retail, hotels and restaurants, and other services.
Source: GLAECONOMICS Employment in London by firm size- May 2008
76 % of London’ s employment is in the private sector
Source: GLAECONOMICS Employment in London by firm size- May 2008
■ 0 % Primary and Utilities
■ 8 % Manufacturing
■ 5 % Construction
■ 9 % Wholesale
■ 8 % Retail
■ 9 % Hotels and Restaurants
■ 4 % Transport and Communications
■ 5 % Financial Services
■ 37 % Business Service
■ 2 % Education and Public Admin
■ 5 % Health and Social Work
■ 8 % Other Services
Source: GLAECONOMICS Employment in London by firm size- May 2008 engage | uk ISSUE SEVEN 2008