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Stratford Masterplan: Socio-economic impact paper - Newham

Stratford Masterplan: Socio-economic impact paper - Newham

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OCCUPANCY, DISPLACEMENT AND MULTIPLIER ASSUMPTIONS<br />

Occupation rate<br />

Displacement within the<br />

Borough (low)<br />

-10% -5% +10%<br />

Multiplier effect of growth<br />

on the <strong>Newham</strong> economy<br />

(medium)<br />

3.27. Applying these assumptions to the job creation figures for the masterplan as a<br />

whole would suggest that the development scenario would represent over<br />

43,000 net additional jobs to the <strong>Newham</strong> economy. The jobs created would<br />

represent a lower net addition of jobs to the sub region, London and the rest of<br />

the UK.<br />

SHARED INTELLIGENCE 15

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