This paper presents the latest statistics on youth unemployment in the UK as well as comparisons with other EU countries.
There was a small increase in youth unemployment in the latest quarter as previously inactive young people returned to the labour market and a larger increase in the number of employed young people, with
youth employment increasing above pre-pandemic levels.
Recent trends in Youth Employment
After reaching a peak of 22.5% in 2011 following the 2008 financial crisis, youth unemployment rates fell
until the start of the pandemic to 12.3% in January to March 2020.
Youth unemployment did initially rise after the outbreak of the pandemic, with the youth unemployment rate reaching a high of 14.9% in July to September 2020. The levels of youth unemployment were 15% higher in that quarter than they were pre-pandemic.
Since then, youth unemployment has been steadily falling. There were 67,000 fewer unemployed young people in February to April 2023 compared to January to March 2020, a 13% fall. The youth unemployment rate has fallen from 12.3% to 10.9% during this period.