Published: 17th September 2020
Author(s): Sioned Pearce

UK unemployment has risen to its highest in two years this month, from 3.9% in March to 4.1% in September. Young people aged 16-24 have been hit hardest, and July 2020 saw a 122% increase in young people claiming unemployment related benefits, that’s 241,700 more young people since March 2020. To date, one-third of 18-24-year olds (excluding students) are unemployed or furloughed as a result of Covid-19, compared to one in six of 25-40-year olds. To add to this unease, 35% 18-24-year olds are now earning less than they did before March 2020, compared to 23% of 25-49-year olds.

Currently youth unemployment in the UK stands at 12.7%. Here, you will see small but significant intra-country differences in response to this crisis. UK unemployment has risen to its highest in two years this month, from 3.9% in March to 4.1% in September.

Young people aged 16-24 have been hit hardest, and July 2020 saw a 122% increase in young people claiming unemployment related benefits, that’s 241,700 more young people since March 2020. To date, one-third of 18-24-year olds (excluding students) are unemployed or furloughed as a result of Covid-19, compared to one in six of 25-40-year olds. To add to this unease, 35% 18-24-year olds are now earning less than they did before March 2020, compared to 23% of 25-49-year olds. Currently youth unemployment in the UK stands at 12.7%. On this report, you will see small but significant intra-country differences in response to this crisis.