Derbyshire is home to more than 30,000 businesses that employ around 287,000 people. Together they contribute £14.4 billion in economic output to the UK's economy. The county has a strong resilient business base, demonstrated by the area's good business survival rates, where almost two thirds of businesses that start up survive at least 3 years. The county also has higher than average levels of employment. In December 2016 the Derbyshire employment rate stood at 78% higher than the England rate of 74%.