Long Term Unemployment Rate in the United Kingdom decreased to 0.80 percent in the fourth quarter of 2019 from 0.90 percent in the third quarter of 2019.

Long Term Unemployment Rate in the United Kingdom averaged 1.99 percent from 1992 until 2019, 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 May of 2020. source: Eurostat

Long Term Unemployment Rate in the United Kingdom is expected to be 0.70 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 0.10 in 12 months time. In the long-term, the United Kingdom Long Term Unemployment Rate is projected to trend around 0.10 percent in 2021 and -1.00 percent in 2022, according to our econometric models.

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United Kingdom Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.90 4.30 0.80 1992 - 2019 percent Quarterly

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.00 12.00 3.40 percent [+]
Employed Persons 33144.00 33073.00 33144.00 23630.00 Thousand [+]
Unemployed Persons 2096.60 1240.10 3090.00 422.60 Thousand [+]
Part Time Employment 8692.00 8618.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24453.00 24455.00 24463.00 19136.00 Thousand [+]
Employment Rate 76.60 76.60 76.60 65.60 percent [+]
Claimant Count Change 856.50 12.10 856.50 -98.50 Thousand [+]
Labor Force Participation Rate 79.80 79.80 79.80 74.10 percent [+]
Long Term Unemployment Rate 0.80 0.90 4.30 0.80 percent [+]
Youth Unemployment Rate 11.40 11.30 22.30 9.70 percent [+]
Labour Costs 109.70 109.00 109.70 20.90 points [+]
Productivity 100.70 101.80 101.80 42.40 points [+]
Job Vacancies 637.00 794.00 855.00 432.00 Thousand [+]
Wages 540.00 544.00 546.00 300.00 GBP/Week [+]
Wages in Manufacturing 614.00 620.00 622.00 356.00 GBP/Week [+]
Wage Growth 2.40 2.80 6.70 -2.70 percent [+]
Minimum Wages 8.72 8.21 8.72 5.05 GBP/Hour [+]
Population 66.65 66.27 66.65 52.20 Million [+]
Retirement Age Women 65.50 65.00 65.50 60.00 [+]
Retirement Age Men 65.50 65.00 65.50 65.00 [+]
Living Wage Family 1300.00 1230.00 1300.00 1180.00 GBP/Month [+]
Living Wage Individual 895.00 850.00 900.00 785.00 GBP/Month [+]
Wages Low Skilled 1320.00 1180.00 1320.00 1180.00 GBP/Month [+]
Wages High Skilled 2330.00 2110.00 2460.00 2110.00 GBP/Month [+]
Average Weekly Hours 31.40 31.80 33.50 31.30 Hours [+]
Employment Change 211.00 172.00 311.00 -279.00 Thousand [+]


United Kingdom Long Term Unemployment Rate
In the United Kingdom, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.