The whole district suffers from seasonal unemployment, in spite of its proximity to London, because of various factors, among them being inward migration, high numbers of old people, and low numbers of affluent people. It is not helped by poor overall indicators for health. In a study of resilience to economic downturns, Thanet was poorly rated at 295th out of 324 districts. Unemployment levels are nearly twice the South East of England as a whole, and as a result a great deal of planning is being done to encourage more businesses to relocate to the District. The Thanet & East Kent Chamber produces a weekly business digest, the Thanet & East Kent Insider, which reports on economic activity in the private and public sectors. Redevelopment projects had included in Margate from 2003 onwards amusement park development at
Dreamland and the
Turner Contemporary which was opened by
Tracey Emin in April 2011. These projects created 300 new jobs, 19% tourism grown between 2013-15 and in case of the Turner Contemporary gallery one million new visitors to Margate. After a saga with initial ground work starting in 2004 the seafront Ramsgate Royal Sands development resumed in June 2020 and by 2023 its luxury apartments were being sold, even if beyond the means of most locals. In 2026 plans exist to restore the Margate Winter Gardens theatre which had been built in 1910, rebuilt after damage in
World War II and closed in 2022. A project has long existed to reopen
Manston Airport near Ramsgate which closed in 2014 but the earliest this would happen would be 2029. In addition, the District Council has introduced an empty property initiative and has compulsory purchased empty and derelict buildings with the objective of bringing them back into use. The
Thanet Offshore Wind Project, near North Foreland, began operating in September 2010. The project is expected to have a total capacity of up to 300 MW which, on average, is sufficient to supply approximately 240,000 homes with green energy. The project will thus make a significant contribution to the government's national and regional renewable energy targets.
Thanet Earth is the largest greenhouse development in the UK, covering an area of 91 hectares with 7 greenhouses each the size of 10 football pitches producing cucumbers, tomatoes and peppers all year. Westwood at the centre of Thanet has seen the building of
Westwood Cross shopping centre. Associated development has taken place around the shopping centre spawning other retail parks. Margate, Ramsgate and Broadstairs each have traditional town centre shopping centres. Northdown Road, Cliftonville, Westgate and Birchington-on-Sea have smaller shopping areas. ==Transport==