Long Term Unemployment Rate in the United Kingdom increased to 1 percent in the third quarter of 2020 from 0.90 percent in the first quarter of 2020. source: EUROSTAT
Long Term Unemployment Rate in the United Kingdom averaged 1.97 percent from 1992 until 2020, reaching an all time high of 4.30 percent in the second quarter of 1993 and a record low of 0.80 percent in the fourth quarter of 2019. This page provides - United Kingdom Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Long Term Unemployment Rate - values, historical data and charts - was last updated on April of 2021.
Long Term Unemployment Rate in the United Kingdom is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in the United Kingdom to stand at 2.00 in 12 months time. In the long-term, the United Kingdom Long Term Unemployment Rate is projected to trend around 1.40 percent in 2022 and 1.20 percent in 2023, according to our econometric models.