Press Release

Our response to the latest ONS labour market data, November 2021

Responding to the latest ONS labour market data, Nick Bowes, Chief Executive of Centre for London said:

“With the highest unemployment rate and the only region with fewer payrolled employees now than at the start of the pandemic, London’s recovery continues to lag behind the rest of the country.“With so much of the levelling up agenda focused on areas outside of London, today’s data is a stark reminder that the city’s economy can’t be relied on to just bounce back under its own steam and that London has large levelling up challenges of its own.
“Government must not turn its back on the city. We need a much more joined-up approach that recognises the need to invest in skills, education, early years, housing and health.”

Notes to Editors

  • 5.6 per cent of London’s population were out of work in the three months ending in September. This is a decrease of 0.2 points on the previous quarter.
  • The number of payrolled employees in London increased by 0.9 per cent compared to the previous quarter. This figure currently stands at 98 per cent of the number of payrolled employees in Q1 2020.
  • London has experienced the slowest increase in payrolled employees in accommodation and food services, and has continued to experience negative growth in transportation and storage.
  • Centre for London is the capital’s dedicated think tank. Our mission is to develop new solutions to London’s critical challenges and advocate for a fair and prosperous global city.