 According to the 2001 Census, 62.2% of the population of the city between the ages of 16 and 75 are considered to be economically active, with 37.5% holding full-time employment, 11.3% part-time employment, 5.4% self-employed and 2.6% being full-time students with other employment.Of those who are economically inactive, 14.4% were retired, 7.1% were looking after homes or families, whilst 5.1% were full-time students without other employment.Degree-level qualifications (or above) were held by 13.6% of the population (compared with 19.8% in England and Wales), while 40.7% possessed no qualifications (compared with 29.1% across England and Wales).