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Three years since the Covid pandemic started, the labour market has stabilised, with employment above pre-pandemic levels for most places.
A comparison with Paris highlights the weaknesses that emerged in London since the financial crisis
It may have many admirers, but Poundbury’s location means that it was always going to struggle to achieve its central aims.
Access the latest available data on the UK’s 63 cities and largest towns on everything from population, to business start-ups.
More than a year since the Covid furlough scheme ended, most urban areas appear to have bounced back to pre-pandemic employment levels – with just a couple of exceptions.
The last couple of months have shown a stabilisation of claimant count after consecutive months of improvement. The UK’s largest cities show relatively high claimant count rates.
The most recent data suggests that a post-furlough unemployment surge may have been avoided and several cities in the North and Midlands are leading the recovery. However, this is far from achieving levelling up.
Research Intern Andrei Savitski analyses the most recent claimant count data and sets out what now must happen to ensure a swift bounce back of the economy
There were still 1.1 million people on furlough in September, and almost one third of them were in London, Birmingham and Manchester.
While an increase in the National Living Wage would help people in economically weaker places, it will not address the structural problems they face which cause low wages in the first place