The jobless rate in the UK fell to 3.6% in the three months to July of 2022, the lowest since 1974, from 3.8% in the previous period and compared to market forecasts of 3.8% as the number of people who are no longer looking for work increased. The so-called inactivity rate rose to 21.7%, the highest since 2017 driven by students or long-term sick. Meanwhile, the employment rate decreased by 0.2 percentage points to 75.4% and is still below pandemic levels, mainly due to a fall in part-time employment. The number of people unemployed for up to six months decreased to a record low and the number of people unemployed for over 12 months continued to decline. On the other hand, those unemployed between 6 and 12 months increased. Also, job vacancies in June to August 2022 were 1,266,000, a decrease of 34,000 from the previous quarter and the largest quarterly fall from June to August 2020. source: Office for National Statistics

Unemployment Rate in the United Kingdom averaged 6.78 percent from 1971 until 2022, 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 September of 2022.

Unemployment Rate in the United Kingdom is expected to be 3.70 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 4.50 percent in 2023 and 4.80 percent in 2024, according to our econometric models.

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United Kingdom Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-08-16 06:00 AM Jun 3.8% 3.8% 3.8% 3.8%
2022-09-13 06:00 AM Jul 3.6% 3.8% 3.8% 3.8%
2022-10-11 06:00 AM Aug 3.6%


Related Last Previous Unit Reference
Unemployment Rate 3.60 3.80 percent Jul 2022
Unemployed Persons 1534.20 1527.90 Thousand Aug 2022
Employed Persons 32792.00 32746.00 Thousand Jul 2022
Part Time Employment 8168.00 8180.00 Thousand Jun 2022
Full Time Employment 24578.00 24612.00 Thousand Jun 2022
Claimant Count Change 6.30 -14.50 Thousand Aug 2022
Employment Rate 75.40 75.50 percent Jun 2022
Labor Force Participation Rate 78.30 78.60 percent Jun 2022
Youth Unemployment Rate 9.10 10.40 percent Jun 2022
Productivity 101.70 101.70 points Jun 2022
Labour Costs 109.60 109.70 points Dec 2021
Job Vacancies 1266.00 1280.00 Thousand Jul 2022
Wages 613.00 612.00 GBP/Week Jul 2022
Wages in Manufacturing 666.00 664.00 GBP/Week Jul 2022
Wage Growth 5.50 5.20 percent Jul 2022
Population 67.53 67.08 Million Dec 2021
Non Farm Payrolls 29727.00 29656.00 Thousand Aug 2022
Employment Change 40.00 160.00 Thousand Jun 2022
Average Weekly Hours 31.80 31.80 Hours Jun 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
3.60 3.80 11.90 3.40 1971 - 2022 percent Monthly

News Stream
UK Unemployment Rate Lowest since 1974
The jobless rate in the UK fell to 3.6% in the three months to July of 2022, the lowest since 1974, from 3.8% in the previous period and compared to market forecasts of 3.8% as the number of people who are no longer looking for work increased. The so-called inactivity rate rose to 21.7%, the highest since 2017 driven by students or long-term sick. Meanwhile, the employment rate decreased by 0.2 percentage points to 75.4% and is still below pandemic levels, mainly due to a fall in part-time employment. The number of people unemployed for up to six months decreased to a record low and the number of people unemployed for over 12 months continued to decline. On the other hand, those unemployed between 6 and 12 months increased. Also, job vacancies in June to August 2022 were 1,266,000, a decrease of 34,000 from the previous quarter and the largest quarterly fall from June to August 2020.
2022-09-13
UK Jobless Rate Rises to 3.8%
The unemployment rate in the UK was at 3.8% in Q2 of 2022, as expected, which is 0.1 percentage points higher than the previous three-month period (January to March 2022) but 0.2 p.p. below pre-coronavirus pandemic levels. The number of people unemployed for up to 12 months increased by 51 thousand during the latest three-month period, with those unemployed for between 6 and 12 months up by 9 thousand, the first rise since the February to April 2021 period. On the other hand, the number of unemployed for over 12 months declined by 15 thousand. The number of people in employment increased by 160K in Q2, less than market expectations of a 256K gain. Redundancies remained at very low levels but the number of job vacancies fell for the first time since August 2020. Also, the growth in regular pay which excludes bonuses fell by 3% when adjusted for inflation, the biggest drop since records began in 2001.
2022-08-16
UK Jobless Rate Steady at 3.8%
The unemployment rate in the UK held at 3.8% in the three months to May of 2022, the same as in the previous period and compared to forecasts of 3.9%, suggesting the labor market remains robust despite rising prices squeezing the cost of living. The number of people in employment increased by 296K, the biggest gain since the three months to August last year. The number of full-time employees increased to a record high and part-time employees also were up. Also, the number of economically inactive people fell by 144K, the biggest drop since the start of the coronavirus pandemic. At the same time, the number of job vacancies from April to June 2022 rose to 1,294,000 but the rate of growth continued to slow down. Growth in regular pay which excludes bonuses picked up slightly to 4.3% from 4.2% but including bonuses, it slowed to 6.2% from 6.8%.
2022-07-19