The process and manufacturing sector contains over 800,000 people across the UK, and over 62,000 people work in London.
Around 86% of the companies in the sector in London have fewer than 10 employees, and although only 3% of companies have more than 50 employees, they represent nearly a third of the total workforce. The sector workforce in London is predominantly male (66% of workforce), although the proportion of women in the sector is rising year on year.
Around 27% of employees in the London sector fall into the managers/ senior officials occupational category, followed by skilled trades (14% of workforce). Recent forecasts suggest that employment in manual and semi-skilled roles will continue to decrease as this shift progresses, but also that there will be a simultaneous rise in higher level managerial and technical roles.
43% of companies in London reported a decline in sales over the last year, compared with just 11% in 2006.
Some 9% of all companies in the sector report specific skills gaps in their existing workforces. The most common specific skill gaps are those of a technical, practical or job-specific nature. 50% of employers with skill gaps say that skill issues are costing their businesses money and increasing workload for other staff, and that 75% of companies with skill issues, see increasing training activity as the best response.
Higher proportions of the sector workforce are qualified to level 2 than in the UK workforce as a whole, but there are lower proportions of employees qualified at level 3 and above.
Source: Proskills Sector Skills Assessment – England 2010
London sector profile, 2007/08
Source: Proskills Sector Skills Assessment – England 2010, annex D. Data derived from the Annual Business Inquiry 2007 and the Labour Force Survey 2008.