The unemployment rate in the United Kingdom came in at 3.7 percent in November 2022 to January 2023, largely unchanged compared with the previous three-month period and slightly below market consensus of 3.8 percent. It remained also 0.3 percentage points below pre-pandemic levels. The number of unemployed people rose by 5 thousand to 1.25 million, while employment levels increased by 65 thousand to 32.84 million, driven by part-time employees and self-employed workers. Total pay growth eased to 5.7 percent year-on-year in the three months to January, while in real terms, wages dropped by 3.2 percent, the largest decline since the February to April 2009 period. source: Office for National Statistics

Unemployment Rate in the United Kingdom averaged 6.75 percent from 1971 until 2023, reaching an all time high of 11.90 percent in April of 1984 and a record low of 3.40 percent in December of 1973. This page provides the latest reported value for - United Kingdom Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Unemployment Rate in the United Kingdom is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Unemployment Rate is projected to trend around 5.00 percent in 2024 and 5.20 percent in 2025, according to our econometric models.

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United Kingdom Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-02-14 07:00 AM Dec 3.7% 3.7% 3.7% 3.80%
2023-03-14 07:00 AM Jan 3.7% 3.7% 3.8% 3.8%
2023-04-18 06:00 AM Feb 3.7% 3.8%


Related Last Previous Unit Reference
Unemployment Rate 3.70 3.70 percent Jan 2023
Unemployed Persons 1497.90 1509.10 Thousand Feb 2023
Employed Persons 32839.00 32813.00 Thousand Dec 2022
Part Time Employment 8335.00 8277.00 Thousand Dec 2022
Full Time Employment 24504.00 24536.00 Thousand Dec 2022
Claimant Count Change -11.20 -30.30 Thousand Feb 2023
Employment Rate 75.70 75.60 percent Dec 2022
Labor Force Participation Rate 78.70 78.60 percent Dec 2022
Youth Unemployment Rate 10.80 11.30 percent Dec 2022
Productivity 101.60 101.50 points Sep 2022
Job Vacancies 1124.00 1133.00 Thousand Jan 2023
Wages 630.00 630.00 GBP/Week Jan 2023
Wage Growth 5.70 6.00 percent Jan 2023
Wages in Manufacturing 692.00 690.00 GBP/Week Jan 2023
Real Earnings Including Bonuses -3.44 -4.23 percent Jan 2023
Average Earnings Excluding Bonus 6.50 6.70 percent Jan 2023
Non Farm Payrolls 97.90 42.20 Thousand Feb 2023
Average Weekly Hours 31.80 31.60 Hours Dec 2022
Employment Change 65.00 74.00 Thousand Dec 2022

United Kingdom Unemployment Rate
In the United Kingdom, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.70 11.90 3.40 1971 - 2023 percent Monthly

News Stream
UK Jobless Rate Holds Steady at 3.7%
The unemployment rate in the United Kingdom came in at 3.7 percent in November 2022 to January 2023, largely unchanged compared with the previous three-month period and slightly below market consensus of 3.8 percent. It remained also 0.3 percentage points below pre-pandemic levels. The number of unemployed people rose by 5 thousand to 1.25 million, while employment levels increased by 65 thousand to 32.84 million, driven by part-time employees and self-employed workers. Total pay growth eased to 5.7 percent year-on-year in the three months to January, while in real terms, wages dropped by 3.2 percent, the largest decline since the February to April 2009 period.
2023-03-14
UK Jobless Rate Unchanged at 3.7%
The unemployment rate in the UK was unchanged at 3.7% in the three months to December of 2022, the same as in the previous period and in line with expectations. The number of people unemployed for up to six months increased, driven by people aged 16 to 24 years. Also, economic inactivity rate fell in the three to 21.4%. The ONS said there was a record high net flow out of economic inactivity during the October-to-December period as people moved into work. The number of people in work in the UK rose by 74K in the three months to December, well above forecasts of a 40K increase and following a 27K rise in the previous month. Meanwhile, in November 2022 to January 2023, job vacancies fell by 76K to 1,134K, the seventh consecutive quarterly fall, reflecting uncertainty across industries, as survey respondents continue to cite economic pressures as a factor in holding back on recruitment.
2023-02-14
UK Jobless Rate Steady at 3.7%
The unemployment rate in the UK was unchanged at 3.7% in the three months to November of 2022, the same as in the previous period and in line with expectations. The number of people unemployed for up to six months increased, driven by those aged 16 to 24 years. Those unemployed for over six and up to 12 months increased, while those unemployed for over 12 months decreased. The employment rate was estimated at 75.6%, largely unchanged, with the number of employees and part-time self-employed workers increasing while full-time self-employed workers decreased. Meanwhile, the number of job vacancies fell by 75K to 1.161 million, as uncertainty across industries leads to holding back on recruitment.
2023-01-17