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The economy of Wakefield declined in the last quarter of the 20th century as the coal mines and traditional manufacturing industries closed contributing to high rates of unemployment. In terms of deprivation, Wakefield, as a whole, is ranked 54th out of 354 Local Authority Districts (1 being the worst). Employment grew by 12% between 1998 and 2003 as the economy recovered and enjoyed growth as the economic base of the district was diversified. Growth has been supported by inward investment from European and United Kingdom government funding which has impacted on the regeneration of the area. Manufacturing remains an important employment sector although the decline is projected to continue whilst distribution and the service industries are now among the main employers....Wikipedia