Economic Climate in Cardiff

Cardiff is the capital city of Wales, and is arestaurant jobs are plentiful, and Cardiff has long
bustling economic hub of over 300,000 people inbeen a centre for the performing arts in Wales.
the city proper, with over a million peopleCardiff is home to the Welsh National Opera as
estimated to live within forty-five minutes of thewell as hosting production studios for BBC Wales,
city. Wales enjoys a much lower cost of livingITV, and other television broadcast companies.
than the U.K. average, and Cardiff combines theCardiff's manufacturing sector has declined in
economic benefits of lower living expenses withrecent years, but its status as a port city has
higher wages and lower unemployment than theallowed it to weather this downturn, and
Wales national average, making it a great place tolong-needed improvement projects to the port
live and work.have created jobs and opportunities; in 2007,
Education and public administration (including health)over three million tons of cargo passed through
is the largest economic sector in Cardiff, thanks inCardiff's seaport. The Cardiff Bay Development
part to its four major educational institutions. It isCorporation has, over the last decade, engaged in
estimated that about thirty-two percent ofa project to renew the neighbourhoods
workers in Cardiff are employed in these sectors.surrounding Cardiff Bay and provide luxury living
Cardiff is also the centre for business and financialspaces overlooking a man-made lake.
services in Wales, and offers many employmentOverall, Cardiff's economic future looks bright.
opportunities for qualified applicants in these fields.New jobs in business and financial services
The Cardiff County Council estimates that aboutcombined with solid employment figures in
seventy-five percent of recent economic growtheducation, public administration, and service
can be attributed to the educational, publicindustries indicate that Cardiff's economy is sound
administration, and financial sectors.and expanding. Its low cost of living and large
Boasting over fifty call centres, Cardiff's servicepopulation base make it an appealing choice for
industry is growing and expanding, creatingcorporations, while its high standard of living
thousands of jobs in recent years and employingmakes it an ideal choice for those seeking
12,000 staff in call centres alone. Hotel andemployment in Wales.