london skyline

United Kingdom Unemployment (% of active population, aop)

Unemployment Rate in United Kingdom

Labor market loses steam at outset of Q2

According to the ONS, in Q1 the unemployment rate registered 3.9%, up 0.1 percentage points from the previous rolling quarter. In April, employment fell by 136,000 from March, the first monthly fall since early 2021. Moreover, job vacancies fell in the three months to April, and nominal pay growth is tracking well below inflation.

These figures show that the labor market is seemingly losing momentum heading into Q2. That said, unemployment remains low by historical standards, and the experimental employment data for April should be treated with caution. Looking ahead, the labor market is set to slow further as higher interest rates take wind out of the economy’s sails, although the rise in the unemployment rate will be limited.

United Kingdom Unemployment Rate Chart

This chart displays Unemployment Rate for United Kingdom from 2013 to 2022.

United Kingdom Unemployment Rate Data

2017 2018 2019 2020 2021
Unemployment (% of active population, aop) 4.4 4.1 3.8 4.6 4.5

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest