The most recent Business Register and Employment Survey (2018), shows that 513,000 people are employed in the City of London. This represents 10% of Greater London's employment, and 1.6% of the GB's total employment, meaning that over 1 in 58 of the GB's workforce are employed in the City.

Source: Office for National Statistics

GLA Economics forecasts that employment in London’s finance and insurance services sector will increase by 0.2% annually between 2018-50, amounting to an extra 23,109 workers. Professional services are expected to experience the largest increase in job numbers over this period, with an extra 509,382 jobs added to the workforce (1.4% annual rise in employment). Employment in the City of London is forecast to reach 705,000 by 2050, up 34% from 2016 levels.

The forecast is based on assuming annual output growth of 2.5% per annum in the capital to 2018, and thereafter growth declining at an exponential rate towards 2.0 per cent. It does not include any Brexit-related changes.

Number of City enterprises banded by numbers of employees, 2018

Source: Office for National Statistics, UK Business; activity, size and location 2018

Source: Office for National Statistics, UK Business; activity, size and location 2018

Breakdown of number of jobs in the City by gender, country of birth and age - compared

Source: Office for National Statistics, Annual Survey of Hours and Earnings, October 2017; Office for National Statistics, Annual Population Survey, 2017; ONS user requested data on “European Economic Area workers in the UK”, 2017.

• TheCityUK maintains a comprehensive archive of authoritative reports on industry sectors and products as well as updates on key financial indicators.
• For an analysis of current trends in the City's employment market on a monthly basis, see Morgan McKinley employment register.
• Nomis is a service provided by the Office for National Statistics, ONS, to give you free access to the most detailed and up-to-date UK labour market statistics from official sources. Access to Business Register and Employment Survey (BRES) data requires special permission for which there is a fee.
• The City Business Library (CBL) is the leading public library in the UK for free and current business information including business planning statistics.