Unemployment by age

What does this chart show?

This graph shows the level of unemployment by age for both London and the rest of the UK. Unemployment is higher for 16 to 24-year-olds than for older working-age adults in both London and the rest of England. 9.4% of young adults in London are unemployed, compared with 3.6% of 25 to 64-year-olds. In the rest of England, the gures are 8.3% and 2.8% respectively. Young adult unemployment ratios have fallen quickly since 2013 in London and the rest of England, for London down from a peak of 13.9%. While unemployment for young adults in London is higher than in the rest of England by 1.1 percentage points, the difference is not as large as it used to be. Between 1995 and 2004 it was around three percentage points. The gap between the employment rate of 25 to 64-year-olds in London and the rest of England was smaller in 2016 than it has ever been at 0.8 percentage points. It has been at this level since 2014 as both rates have fallen. This is a much smaller gap than in 1994 when it was 3 percentage points. This gap fell steadily throughout the 2000s.

In 2016 the unemployment rate for 16 to 24-year-olds in Inner and Outer London were very similar at 9.5% and 9.3%, however the unemployment rate for 25 to 64-year-olds was higher in Inner London, at 4.2%, than in Outer London, at 3.1%. This means the higher unemployment rate for 25 to 64-year-olds in London than the rest of England has been driven by the higher rate in Inner London rather than Outer London.

The unemployment ratio for 16 to 24-year-olds in London is 2.6 times higher than for 25 to 64-year-olds. This gap is lower than in the rest of England, where young adult unemployment is nearly three times higher than for 25 to 64-year-olds. 


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