5. Socio-economic Analysis A socio economic analysis has been prepared to provide the evidence base that will assist in the development of the LECP. It outlines the population, demographic, education, deprivation, diversity, health, housing, transport, economic and employment character of Cork City and helps to identify the needs of the population. This profile is largely based on data from the Census 2016 local area data and has been supplemented by more recent datasets where available such as the preliminary Census 2022 data, the CSO Quarterly National Household Survey, the Healthy Ireland Annual Report and others. When the local area data from Census 2022 is released, the Socio-Economic Analysis will be updated and the LECP goals, objectives and actions reviewed. The full Socio-Analysis is almost 90 pages long and so below you will see a summary of the main findings. Socio-Economic Summary Cork City is the second largest and one of the fastest growing city in Ireland, home to a population of 222,333 people which is set to double by 2040. Cork City is the economic driver of Ireland's southwest region and has experienced strong economic growth resulting in increases in incomes and GDP which in turn has improved the standard of living across the city. Cork City is a prosperous city that offers a broad range of highly skilled and low-skilled employment opportunities across a broad range of industries due to a strong local economy driven by large multinational and SME sectors The majority of Cork City’s population and settlements located in the city’s suburbs (67.3%). The southside suburbs are home to the largest percentage of the population (43.6%) followed by the
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