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Rising costs of women out of work

Western Daily Press

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March 02, 2026

RISING female unemployment and increasing numbers of young women out of work are holding back Britain’s jobs market and costing the economy billions of pounds, according to a report.

The latest PwC Women in Work Index warned that a surge in young women classed as Neet (not in employment, education or training) is leading to a weak underlying jobs market and risks creating an unequal workforce.

Cutting young female Neet rates in the UK to 3.6% could add up to £11 billion to economic output, the report estimates.

Using the latest annual figures available for 2024, the index showed that female unemployment leapt to 4.2% from 3.5% the year before, while young female unemployment rose to 11.8% from 9.5%.

PwC cautioned that young women with poor GCSE results have a one in four likelihood of becoming Neets, compared with one in five for young men.

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