UK Annual Change in Economic Activity November 2018 to January 2019

UK Annual Change in Economic Activity November 2018 to January 2019

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For context, it is worth noting that the total population aged 16-24 has been declining in recent years; it was 22,000 lower than the previous quarter and 89,000 less than a year before. The number of young people in employment increased by 41,000 over the past year. The number who are economically inactive (not in or looking for work) decreased by almost 100,000.

The unemployment rate (the proportion of the economically active population who are unemployed) for 16-24 year olds was 11.5% in November 2018 to January 2019. This is up slightly from 11.4% in the previous quarter, but down from 12.3% a year before.

The inactivity rate for young people is 37.3%. Around three quarters of young people who are economically inactive are in full-time education.

Read Full News Story » UK Youth Unemployment Statistics March 2019