UK Jobless Rate Surprisingly Falls
2026-04-21 06:11
By
Kyrie Dichosa
1 min. read
The UK unemployment rate fell to 4.9% in the three months to February 2026, defying expectations of it remaining at the previous period’s 5.2%.
The decline in unemployment coincided with a rise in economic inactivity, indicating that some Britons are leaving the workforce rather than finding new jobs.
Unemployment decreased by 60,000 to 1.780 million, mainly among those out of work for less than six months.
Meanwhile, 95,000 more people, including an increasing number of students, exited the labor market, driving total inactivity to 9.116 million and lifting the inactivity rate by 0.2 percentage points to 21.0%.
Total employment grew by 24,000 to 34.328 million, pushing the employment rate up by 0.1 percentage points to 75.0%, largely due to an increase in full-time employment.
Additionally, the number of people holding second jobs decreased to 1.273 million, accounting for 3.7% of all employed individuals.