London Youth Labour Market Summary May 2022
The latest figures for employment by industry sector:
|
Sector |
London % |
UK % |
|
Agriculture, Forestry & Fishing |
0.0 |
1.0 |
|
Manufacturing |
2.3 |
7.2 |
|
Construction |
4.6 |
6.3 |
|
Wholesale, Retail & Vehicle Repair |
11.3 |
13.5 |
|
Transport & Storage |
5.4 |
5.1 |
|
Hospitality & Catering |
6.8 |
6.9 |
|
IT & Communications |
8.1 |
4.4 |
|
Finance |
6.6 |
3.1 |
|
Real Estate |
2.2 |
1.7 |
|
Professional, Scientific & Technical |
14.1 |
9.2 |
|
Administration |
9.2 |
8.9 |
|
Public Administration & Defence |
4.7 |
4.6 |
|
Education |
7.2 |
8.5 |
|
Health & Social Work |
10.9 |
13.0 |
|
Arts, Entertainment & Recreation |
3.1 |
2.8 |
|
Other Services |
2.6 |
2.5 |
Source: Office for National Statistics (based on December 2021 data)
Jobs in London (pre COVID-19 crisis) were projected to grow each year by an average rate of 0.78% or 49,000 jobs a year, the annual report from GLA Economics. This means that by 2041 there should be nearly 6.9m more jobs.
In London, the number of jobs in:
• some service sectors, including the professions, real estate, scientific and technical, admin and support, accommodation and food services, information and communications, education and health sectors will increase
• manufacturing and some other sectors, including wholesale, transportation and storage, and public administration are projected to decrease.