Market Intelligence Reports

Quarterly Global Market Report Q1 2021

Issue link:

Contents of this Issue


Page 73 of 89

74 February, 2021 United Kingdom Total Workforce (000s)Sept –Nov'20 34,227 Unemployed Workers (000s) 1,711 Unemployment Rate 5.0% Youth Unemployment Rate 14.5% 14,602 32,294 11,631 1,085 7,243 1,032 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 17,294 17,307 17,228 17,029 16,964 4.1% 3.8% 4.1% 4.0% 5.3% 15,400 15,555 15,668 15,459 15,457 3.7% 3.5% 3.6% 3.7% 4.4% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 68.5% 68.2% 68.0% 66.9% 67.5% 58.3% 58.7% 59.2% 58.5% 58.6% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Participation Rate Female Participation Rate 13.8% of the population is foreign born. Almost 5 million people from the UK have emigrated. Although the UK does not keep immigration figures, it has been estimated that the EU born population decreased by approximately 340K and the non-EU born migrant population fell by 551K in the year to Q3 2020. Uncertainty over Brexit has been a catalyst for many EU departures and with Covid-19, many non-EU born migrants have no recourse to public funds. London population is declining. ~ 700K have left London since the start of the pandemic More than 122K Covid-19 deaths. Only UK residents and citizens can enter the UK from banned countries. A negative Covid-19 test and mandatory quarantine is required. Some restrictions from 3 rd lockdown to be eased in March when schools reopen. Non-essential shops are closed. Stay at home order is in place. 4.7 million workers were on furlough during January 2021. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands Key Sources: during-the-pandemic governor-says-20210106/

Articles in this issue

Links on this page

view archives of Market Intelligence Reports - Quarterly Global Market Report Q1 2021