United Kingdom Unemployment Rate
December 2022 Data – 1971-2021 Historical
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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.
source:
Office for National Statistics
Unemployment Rate in the United Kingdom averaged 6.76 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 January of 2023.
Unemployment Rate in the United Kingdom is expected to be 4.20 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 6.00 percent in 2024, according to our econometric models.
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Calendar
GMT
Reference
Actual
Previous
Consensus
TEForecast
2022-12-13
07:00 AM
Unemployment Rate
Oct
3.7%
3.6%
3.7%
3.7%
2023-01-17
07:00 AM
Unemployment Rate
Nov
3.7%
3.7%
3.7%
3.7%
2023-02-14
07:00 AM
Unemployment Rate
Dec
3.80%
Related
Last
Previous
Unit
Reference
Unemployment Rate
3.70
3.70
percent
Nov 2022
Unemployed Persons
1562.30
1542.60
Thousand
Dec 2022
Employed Persons
32781.00
32773.00
Thousand
Oct 2022
Part Time Employment
8202.00
8173.00
Thousand
Oct 2022
Full Time Employment
24578.00
24600.00
Thousand
Oct 2022
Claimant Count Change
19.70
16.10
Thousand
Dec 2022
Employment Rate
75.60
75.60
percent
Oct 2022
Labor Force Participation Rate
78.50
78.50
percent
Oct 2022
Youth Unemployment Rate
11.10
10.50
percent
Oct 2022
Productivity
101.90
101.70
points
Sep 2022
Labour Costs
111.50
110.60
points
Jun 2022
Job Vacancies
1161.00
1186.00
Thousand
Nov 2022
Wages
629.00
625.00
GBP/Week
Nov 2022
Wages in Manufacturing
679.00
680.00
GBP/Week
Nov 2022
Wage Growth
6.40
6.20
percent
Nov 2022
Population
67.53
67.08
Million
Dec 2021
Non Farm Payrolls
28.30
69.90
Thousand
Dec 2022
Employment Change
27.00
27.00
Thousand
Oct 2022
Average Weekly Hours
31.60
31.60
Hours
Oct 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 – 2022
percent
Monthly
Compare
Unemployment Rate by Country
News Stream
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
UK Jobless Rate Inches Up to 3.7%
The unemployment rate in the UK edged higher to 3.7% in the three months to October of 2022 from 3.6% in the previous period, matching market forecasts.
The employment rate also went up to 75.6% from 75.4%, with payrolled employees rising by 107K to a record of 29.9 million.Job vacancies however, fell by 65K to 1,187,000, a fifth consecutive decline, and reflecting uncertainty across industries, as economic pressures hold back on recruitment.At the same time, the inactivity rate decreased by 0.2 percentage points to 21.5%, driven by those that were considered retired but are now looking for work.On the wage front, both total pay (including bonuses) and regular pay (excluding bonuses) increased 6.1%.For regular pay, this is the strongest growth rate seen outside of the coronavirus pandemic period and above market forecasts of 5.9%.Adjusted for inflation, total and regular pay both fell by 2.7% in the three months to October.
2022-12-13
UK Jobless Rate Edges Higher to 3.6%
The unemployment rate in the UK edged higher to 3.6% in the three months to September of 2022 from 3.5% in the previous period, which was a new low since 1974.
Figures compare with market forecasts of 3.5%.The number of people unemployed for all duration categories decreased in the latest three-month period while the economic inactivity rate increased to 21.6%, driven by those who are long-term sick, who increased to a record high.Employment fell by 52K, twice the market forecast of a 25K drop and the employment rate was 75.5%, largely unchanged on the previous quarter.The number of employees decreased, while self-employed workers rose.Meanwhile, payrolled employees increased 74,000 on the September figures, to a record 29.8 million.Vacancies fell for a fourth consecutive quarter to 1,225,000, but hold at historically high levels.
An increasing number of businesses are now reporting holding back recruitment because of economic pressures.
2022-11-15
Related
UK Payrolls Rise 28K in December
UK Employment Rises More Than Expected
UK Wage Growth Beats Forecasts
UK Jobless Rate Steady at 3.7%
FTSE 100 Closes Near Record High
Sterling at 1-Month High on Upbeat Data
UK Manufacturing Output Drops More than Expected
UK Industrial Output Edges Down 0.2% MoM, Below Forecasts
UK Construction Output Rises the Least in 5 Months
UK Trade Balance Swings to Gap in November
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