Latest statistics on youth unemployment as well as comparisons with other EU countries.
Youth unemployment is currently at a historically low level. Youth unemployment fell to 372,000 in June to August 2022 which was the lowest recorded level since records began in 1992. However, since then it has been gradually increasing.
Youth unemployment in the UK rose on the previous quarter in August to October 2023, while youth employment fell by 33,000. The number of young people who were economically inactive increased.
There were 535,000 young people aged 16 to 24 who were unemployed in August to October 2023, an increase of 10,000 from the previous quarter and 104,000 more than the year before.
The unemployment rate (the proportion of the economically active population who are unemployed) for 16- to 24-year-olds was 12.7%. This is up from 12.4% in the previous quarter and from 10.5% from the year before.
The number of young people in employment in August to October 2023 fell by 33,000 compared to the previous quarter and was around the same as the previous year.
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