Unemployment down and economic activity up in Bracknell Forest
27 June 2014
Bracknell Forest is one of the best places in the UK for employment and is one of the top areas for economic prosperity according to a new report.
A report produced by independent advisory specialists Grant Thornton, shows that the borough's economy is performing well compared to the rest of the country.
The report shows that as of this spring, Bracknell Forest's unemployment rate was 1.4 per cent, which is significantly lower than the national average of 2.9 per cent. This shows that the borough has a much wider range of job opportunities and residents are able to find work within their area.
The report also shows that Bracknell Forest's residents are more economically active* than others across the UK, with 84 per cent of residents deemed 'economically active' compared to 77 per cent nationally.
Additionally, the report shows that Bracknell Forest, which is also home to big names such as Dell, Fujitsu and Waitrose, ranks among the top 20 per cent of the country for economic productivity.
Cllr Marc Brunel-Walker, executive member for economic development and regeneration, said: "This report provides clear, quantifiable evidence that Bracknell Forest is a great place to live, work and to do business.
"We're working really hard to make the borough as business-friendly as possible so that we are able to attract even more companies to the area. This report will help us to look at where we need to focus on to help to boost our economy and reduce unemployment even further.
*Economically active means the percentage of the population that contribute to the economy.