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UK in Unemployment 2025: What’s Next? | UK Economy Update
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Welcome to another episode of the UK Economy Update series with Geoff Riley, Co-Founder of tutor2u. In this video, we explore the latest trends and projections for UK unemployment as of January 2025. With forecasts indicating a potential rise in unemployment rates and key challenges facing the labor market, Geoff breaks down what this means for students of economics, policymakers, and businesses alike. Stay tuned for expert insights, data-driven analysis, and actionable knowledge to help you master key economic concepts for your exams and beyond.
What You'll Learn in This Video:
Current Unemployment Trends
📊 Labour Force Survey Data: Unemployment at 4.3% (Aug–Oct 2024) and projections for a rise to 4.5% by the end of 2025.
Learn how unemployment trends reflect shifts in economic growth.
Factors Impacting UK Employment
📈 Rising Costs: How increased National Insurance contributions and minimum wage hikes affect hiring plans.
Explore the impact of labour costs on business strategies and economic inactivity.
Key Issues in the Labour Market
🧑🎓 Youth Unemployment: Understanding why youth unemployment is climbing again and its economic implications.
🚪 Economic Inactivity Rates: Why these rates remain a stubborn policy challenge.
Future Outlook for the UK Labour Market
🛠️ Job Vacancies: Analyzing the sharp drop in job vacancies as labor demand softens.
Gain insights into the UK's potential recessionary pressures.
If you found this video helpful, don’t forget to like, share, and subscribe to the tutor2u YouTube channel for more insights into the UK economy and other key topics in economics. Hit the notification bell so you never miss an update, and let’s ace and smash the #Exams2025 together!
#exams2025 #examsuccess #economics #economicssuccess #ukeconomy #topgrades #microeconomics #tutor2u #EconTeachers
#AQA #Edexcel #OCR #Eduqas #WJEC #CambridgeEconomics #IBEconomics
#Unemployment #LabourMarket #NationalInsurance #MinimumWage #PolicyChallenges #EconomicInactivity #EconomicGrowth
What You'll Learn in This Video:
Current Unemployment Trends
📊 Labour Force Survey Data: Unemployment at 4.3% (Aug–Oct 2024) and projections for a rise to 4.5% by the end of 2025.
Learn how unemployment trends reflect shifts in economic growth.
Factors Impacting UK Employment
📈 Rising Costs: How increased National Insurance contributions and minimum wage hikes affect hiring plans.
Explore the impact of labour costs on business strategies and economic inactivity.
Key Issues in the Labour Market
🧑🎓 Youth Unemployment: Understanding why youth unemployment is climbing again and its economic implications.
🚪 Economic Inactivity Rates: Why these rates remain a stubborn policy challenge.
Future Outlook for the UK Labour Market
🛠️ Job Vacancies: Analyzing the sharp drop in job vacancies as labor demand softens.
Gain insights into the UK's potential recessionary pressures.
If you found this video helpful, don’t forget to like, share, and subscribe to the tutor2u YouTube channel for more insights into the UK economy and other key topics in economics. Hit the notification bell so you never miss an update, and let’s ace and smash the #Exams2025 together!
#exams2025 #examsuccess #economics #economicssuccess #ukeconomy #topgrades #microeconomics #tutor2u #EconTeachers
#AQA #Edexcel #OCR #Eduqas #WJEC #CambridgeEconomics #IBEconomics
#Unemployment #LabourMarket #NationalInsurance #MinimumWage #PolicyChallenges #EconomicInactivity #EconomicGrowth
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