Soaring numbers of jobless young women 'costing economy billions' |
| Rising female unemployment, particularly among young women, is hindering the UK jobs market and costing the economy £11bn, according to the PwC Women in Work Index. The report highlights a surge in young women classified as Neet (not in employment, education or training), with rates rising to 11.8% in 2024 from 9.5% the year before. Carol Stubbings, UK and EMEA managing partner at PwC, said: “Rising female unemployment, especially among young women, points to underlying weaknesses in our labour market at a time when AI is reshaping the economy and the skills needed . . . Reducing the number of young women who are Neet is not only a social imperative – it is an economic one, with billions in potential gross domestic product at stake.” |
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