With a population of nearly 65,000, Lowestoft is Suffolk's second largest town. The town offers easy access to cities like Norwich and Ipswich, and also to the Norfolk Broads, and other areas of natural beauty. Nearly 75% of all the jobs in Waveney district are found in Lowestoft, although average annual earnings are below the national average at £18,460. Over the past five years, several action plans have been approved by the local council with the intention of improving infrastructure and housing in Lowestoft.
Lowestoft Job Opportunities
The town's location on the North Sea coast makes Lowestoft a popular tourist destination, which means that the hospitality sector has a strong presence in this Suffolk town. Approximately 28% of all jobs in Lowestoft are distribution jobs. Retail and leisure are also important contributors to employment, especially around Peto Square and South Quay. Another important industry is food manufacturing, as the Birds Eye factory employs 800 people in Lowestoft and has recently announced expansion plans. Lowestoft is also a hub for companies that operate in the renewable energies, oil and gas, and shipping industries. Key employers in these areas include CHPV Offshore Energy Media, Global Wind Service, Trident Energy, WindCare, and World Cargo Logistics.
Lowestoft Employment Trends
Government funded schemes like the Enterprise Zone in Riverside Road and the South Lowestoft Industrial Estate aim to create employment and to promote entrepreneurship in the medium term. Jobs in the energy sector are set to continue growing thanks to developments like the Galloper Offshore Wind Farm, which will be completed by 2018 and will result in the creation of jobs in construction and hospitality. The local council has also proposed the redevelopment of the Western End of Lake Nothing with a focus on the creation of jobs in tourism. According to the council's economic forecast, the sectors that are most likely to have an impact on job creation in Lowestoft are manufacturing, leisure and tourism, office services, creative, and renewable energies.