UK Labour Market Statistics
In May to July 2024, the number of people aged 16+ in employment was 33.23 million, and the employment rate for people aged 16-64 was 74.8%. Employment levels increased by around 150,000 over the last year, but the employment rate remained at a similar level.
9.30 million people aged 16-64 were economically inactive, and the inactivity rate was 21.9% in May to July 2024. Inactivity levels increased by around 160,000 over the last year and the inactivity rate increased.
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Youth Employment Statistics
There were 597,000 young people aged 16 to 24 who were unemployed in May to July 2024, an increase of 51,000 from the previous year.
The unemployment rate (the proportion of the economically active population who are unemployed) for 16 to 24 year olds was 14.2%. This is up from 13.0% from the year before.
The number who are economically inactive (not in or looking for work) was 41.2% up from 40.7% in the previous year.
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