Skip to main content

London Youth Labour Market Summary January 2021

The latest figures for employment by industry sector:

Sector

London %

UK %

Agriculture, Forestry & Fishing

0.2

1.2

Manufacturing

2.4

7.4

Construction

4.8

6.4

Wholesale, Retail & Vehicle Repair

10.6

14.1

Transport & Storage

5.4

5.1

Hospitality & Catering

7.1

6.9

IT & Communications

8.3

4.2

Finance

6.9

3.3

Real Estate

3.0

1.9

Professional, Scientific & Technical

13.2

9.1

Administration

10.2

8.1

Public Administration & Defence

4.5

4.5

Education

7.2

8.5

Health & Social Work

10.1

12.6

Arts, Entertainment & Recreation

3.1

2.7

Other Services

2.5

2.7

Source: Office for National Statistics (based on September 2020 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.