Market Intelligence Reports

Global Market Report Q2 2023

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ManpowerGroup Talent Solutions: Global QMR Q2 2023 | 67 United Kingdom 5 4 years 5 4 years 5 44 years 45 54 years 55 4 years 5 years 4 Latest Available Data Q2 2023 Total Labor Force (000s) 34,304 Employed Workers (000s) 33,000 Unemployed Workers (000s) 1,304 Unemployment Rate 3.8% ▪ 21% of the Labor force is 55 years+. ▪ The retirement age in the UK is 66 years although it is expected to gradually increase to 68 years. ▪ The number of participants in the Labor force is relatively unchanged when compared with Q1 2019. The 65 years+ age group had the largest percentage increase at 13%. .5 4.4 . . inance Insurance Health ocial ork Information Comm. anufacturing . . . .5 . .5 . . . . 4.5 4.5 . . . . . . . . 4 4 4 4 5 4 years 5 4 years 5 4 years 5 years , , , 4 , 5 , 4 , 5 , 5 , , 5 , 4 ,4 ,5 ,55 ,5 ,5 , ,44 , , ,4 4 4 4 4 5 4 years 5 4 years 5 4 years 5 years Workforce Statistics Labor Force Participation Rates by Age and Sex Age Profile of Labor Force Number of Participants in Labor Force By Age (000s) Vacancies per 100 Employee Jobs by Industry TalentNeuron Hiring Demand Trend by Job Function Hiring Demand Trend For Vacancies ILOSTAT https://www.ons.gov.uk/employmentandlabou rmarket

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