Unemployment numbers

What does this chart show?

This graph shows the number of unemployed men and women in London from 1992 to 2016. In 2016, there were 270,000 unemployed people in London, the lowest level since the start of the recession in 2008/09. The figure is down around 27,000 on the previous year.

The recent peak in the number of unemployed men was 230,000 in 2011, although the high point in this data series was more than 300,000 in 1993. At 136,000 in 2016, the number of unemployed men is at its lowest in this series.

There were 134,000 unemployed women in London in 2016, down from a peak of 190,000 in 2011. Unemployment levels for women have been fairly close to the numbers for men, something that is historically unusual in London. This is largely due to increased economic activity for women: previously they were more likely than men to be not working and not seeking work or available for work. The unemployment ratio for women has not fallen as much as for men since the 1990s, but employment for women has increased more due to reduced economic inactivity. In 2016 the employment rate for working-age women was 66.9% and for men it was 80.5%. (Unemployment as a proportion of the population in question (women, men etc) is called the unemployment ratio. This differs from the unemployment rate, which looks at unemployment as a proportion of the economically active population).

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