Wages and Growth Since 2001 – Explained

We've got our hands on the latest government wage figures, and have drilled down the data and are ready to give you the movers, shakers and heartbreakers of the Job industries in the UK.

Wages and Growth Since 2001 – Explained

We’ve got our hands on the latest government wage figures, and have drilled down the data and are ready to give you the movers, shakers and heartbreakers of the Job industries in the UK.

By looking at the average weekly wages from the ten main industries in the united kingdom we have highlighted the largest growing industries and the least from 2001 to now.

Maybe you’re looking for where best to start your new career, looking to see where your current wage might be at or just interested in the job market as a whole, this will be of interest to you.

First, there has been wage growth in every sector, as you would expect in line with inflation, though visualised below are the biggest and smallest percentage growers since 2001.

 

 

It is worth pointing out that even jobs on the cold list have grown around 50% since 2001, so it would appear that whatever industry you are getting into will be in a healthier position than in years past.

The full findings are broken down into percentage growth and average UK wage can be found in our table below.

Job Industry Percentage Growth Average Weekly Wage in 2019
Ag, forestry and fishing 69.34 410
Mining and Quarrying 82 1182
Manufacturing – Food & Tobacco 58 528
Manufacturing – Textiles 73 424
Manufacturing – Chemicals 71 826
Manufacturing – Metals 63 596
Manufacturing – Engineering 67 708
Manufacturing – Other 55 538
Elec, Gas and Water Supply 49 722
Construction 61 643
Wholesale Trade 55 615
Retail, Trade and Repair 77 342
Transport and Storage 65 600
Accom and Food Service Activities 74 258
Information and Communication 65 877
Financial and Insurance Activities 101 1272
Real Estate Activities 74 558
Professional, Scientific and Technical 62 732
Administrative and Support Service Activities 80 442
Public Administration 56 594
Education 58 457
Health and Social Work 69 449
Art, Entertainment and Recreation 47 390
Other Service Activities 61 393

As you can see, beyond the financial and possibly oil markets which have grown exponentially, the more traditional markets such as manufacturing and engineering continue to be steady, progressively growing sectors.

If you are a candidate looking to break into these areas, then get in touch and let’s talk about the opportunities we have available for you.

If you are an employer in these sectors looking to add genuine talent to your team, see more about our service to employers and get in touch today.

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