Local Economy and Employment

The Facts

• Population: 340,000
• Working population: 160,000
• Estimated number of businesses: 13,000
• The borough has approximately 8.5 million sq. ft. of commercial floor space
• Area: 8,662 hectares
• Green Belt Area: 2,770 hectares
• Largest London borough
• Minority ethnic communities comprise 36% of Croydon residents
• Around 11,500 of Croydon’s population are over 80

Croydon is the economic and social heart of a vast regional area in the South East. It has one of the largest and most popular shopping centres outside London's West End, with more than 600,000 shoppers estimated to use the Whitgift Shopping Centre alone each week.

Croydon is well located for road and rail links. It is also within easy travelling distance of several airports (including Heathrow and Gatwick). Additionally Tramlink, the environmentally-friendly light rail system, has further enhanced its accessibility.

Economy

• £3.5bn invested in town centre development
• 74.6% employment rate
• 3% decline in employment in past 4 years
• Local Enterprise Growth Initiative (LEGI) grant of £77m over 10 years
• 140,000 people employed in Croydon

• CroyJobs
• Jobs in Croydon (Croydon Council)
• Employment Links

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Thursday, 2 September, 2010

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