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. source: Office for National Statistics
Unemployment Rate in the United Kingdom decreased to 4.90 percent in February from 5.20 percent in January of 2026. Unemployment Rate in the United Kingdom averaged 6.63 percent from 1971 until 2026, 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 April of 2026.
Unemployment Rate in the United Kingdom decreased to 4.90 percent in February from 5.20 percent in January of 2026. Unemployment Rate in the United Kingdom is expected to be 5.20 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 4.80 percent in 2027 and 4.50 percent in 2028, according to our econometric models.