Wages and employment increase in Lincoln
People in Lincoln are now earning more than before, despite Government cutbacks and recession.
According to a report by the Lincoln Local Strategic Partnership, between 2006 and 2010 income of full-time workers has increased by 22.7%.
The average wage for full-time workers was £24,420 in 2010.
However, the report says 66% of voters on an online poll said they were worse off compared to this time last year.
Unemployment in the city had also reduced last year to 5.7%, from 6.6% in 2009 — around 440 fewer people.
The report shows that although the average is still lower than other salaries in the UK, the national salary increase has lowered to 10.8%
Because of this, Lincoln is catching up with other areas of the UK.
The report looked at various characteristics of the city and factors such as economics and statistics from sources such as the Office for National Statistics.
The report reveals that over a third of people in Lincoln work in public administration, education and health, while a quarter work in distribution, hotels and restaurants.
Between them, the public sector and the distribution, hotels and restaurants sector account for approximately 31,300 jobs in the city (58% of total jobs).
City of Lincoln Council Deputy Leader Marc Jones said: “It’s great news that employment and income is increasing in Lincoln.
“For many years now, the council has had a strategy of encouraging and supporting economic growth in the city and we have a number of teams dedicated to that.”
The City of Lincoln Council are currently helping with the development of a new homeless accommodation, creating more jobs.
“We’re committed to growing the city for the better and making sure everyone knows that Lincoln is open for business,” Jones added.
