Winchester Overview Winchester is one of the most diverse and prosperous urban centres in Hampshire. The city's GVA is ...
Winchester is one of the most diverse and prosperous urban centres in Hampshire. The city's GVA is estimated at £28,700 (approximately £6,000 higher than the regional average), job density is also higher than average (1.18 vs the South East average of 0.86), and improved entrepreneurial activity levels are on the rise. The city's business environment is supportive of new startups thanks to a range of initiatives like business grants and micro business development support. The establishment of the Winchester Business Improvement District helped revitalise the local economy and make the city exemplary in terms of sustainability, improved accessibility, and energy efficiency. Since 2007, the city has been attracting £400,000 per year in inward investment that have helped regenerate public infrastructure and make this Hampshire city a better place to live, work, and visit. The efforts have paid off, since in 2014 Winchester was listed as one of the best places to live in the UK.
Winchester Job Opportunities
The job market in Winchester is predominantly comprised of roles in the public sector (education and healthcare), such as tourism vacancies, retail jobs, distribution, hospitality, finance jobs, and business services. More recently, the local creative sector has been gaining momentum, as the city council and entrepreneur networks have focused on developing and strengthening the knowledge economy. The main providers of jobs in Winchester are Zurich Insurance, IBM, the University of Winchester, Winchester City Council, Arqiva, Cine Wessex, and the NHS.
Winchester Employment Trends
The Winchester District Economic Strategy 2010-2020 has the objective of improving the city's competitiveness at regional and national level, providing support for young workers, and offering lifelong development for those who are already employed. An employment mentoring scheme was developed by the city council to boost employment rates and improve the city's skills pool. The plan also aims to reduce unemployment levels to under 1% (currently standing at 1.8%), and to promote job creation in sectors like IT, media, architecture, tourism and recreation.