Economy

Economy could unlock £11bn GDP boost if Labour tackles 'rising female unemployment'

March 2, 2026

The UK's economy could see an £11 billion boost to GDP if the Labour Government addresses the rising female unemployment rate, particularly among young women. According to the PwC Women in Work Index, female unemployment increased from 3.5% to 4.2% in 2024, with young women's joblessness climbing to 11.8%, highlighting significant weaknesses in the labor market.

Economy could unlock £11bn GDP boost if Labour tackles 'rising female unemployment'

Credit: Gbnews

Key Highlights

UK GDP could increase by £11 billion by tackling female unemployment.
Female unemployment rose to 4.2% in 2024 from 3.5% in 2023.
Unemployment among young women reached 11.8%, up from 9.5% the previous year.
The PwC report indicates a growing exclusion of women from the workforce.
Economists warn of emerging inequalities in the UK labor market.

Sources

Economy could unlock £11bn GDP boost if Labour tackles 'rising female unemployment'

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Economy could unlock £11bn GDP boost if Labour tackles 'rising female unemployment'

Key Highlights

Sources

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