The UK's economic recovery faces challenges from high inactivity rates among those not in work, currently at 21.2%. Significant regional disparities exist, with cities like Bristol at 16.2% and Newcastle at 29%. CEO Adam Kirby of EvaluateLocate highlights that inactivity arises from multiple factors, not solely personal choice. Despite these challenges, an increase in the Economic Vitality Index of 5.1% across cities reflects improvement; however, localised efforts are crucial to mitigate inactivity and sustain economic growth.
Economic inactivity is caused by a variety of reasons - and is not always a consequence of choice. This analysis underlines how much the phenomenon varies across different parts of the UK.
The UK must tackle the stubborn problem of economic inactivity by introducing measures which stimulate growth at a localised level. Our economic vitality index has risen by 5.1%.
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