Chelmsford Overview The Chelmsford Borough in the heart of Essex is comprised of the town of Chelmsford, the town of ...
The Chelmsford Borough in the heart of Essex is comprised of the town of Chelmsford, the town of South Woodham Ferrers, and several small villages. Chelmsford city's thriving economy is the primary driver of growth in the Heart of Essex, accounting for about 60 percent of its total economic contributions. Chelmsford is considered the administrative capital of Essex and hosts the busiest railway station in the East of England.
Chelmsford Job Opportunities
The economy in Chelmsford is based in the private services sector. Professional services, administration, and support services comprise a significant number of jobs in the area. Chelmsford offers a number of jobs in education, primarily through Anglia Ruskin University. Approximately 30 percent of all employment in Chelmsford is in education, defence, and health and public administration.
Chelmsford's business base is the strongest in the Heart of Essex. Most businesses are small, and approximately two thirds of all firms have fewer than five employees. The scientific, technical, and financial sectors are particularly strong. Retail accounts for about ten percent of jobs in Chelmsford. While this represents a higher percentage than other areas of the UK, growth in this sector has been minimal.
Chelmsford Employment Trends
Historically, Chelmsford has shown steady economic growth over the last two decades. Total employment has remained steady. Chelmsford's private services industry is expected to grow in the coming years. The primary barrier to this growth lies in competition from surrounding areas. Stratford City in particular offers extensive office accommodations that have the potential to stem growth in Chelmsford if expanding companies opt to invest in space there.
The labour market in Chelmsford is strong with a well-educated and highly skilled work force. Nearly a third of the working age population have a degree level or above. This is excellent news for companies looking to relocate to the area, but ensures stiff competition for the best jobs.