The UK unemployment rate rose to 5.0% in the three months to March 2026, above expectations and February’s 4.9%. The reading marked the first set of figures for the opening month of the US–Iran war, which added pressure to business costs and hiring conditions. Despite the higher rate, the number of unemployed people fell by 77,000 to 1.806 million, mainly driven by declines among those unemployed for up to six months and those out of work for between six and 12 months. Compared with the same period last year, however, unemployment increased by 192,000, with all unemployment durations rising. Meanwhile, total employment increased by 148,000 to 34.392 million, topping expectations of a 107,000 rise, and was up 416,000 on the year, supported by gains in both full-time and part-time work among employees and the self-employed. The number of people holding second jobs declined in the latest quarter to 1.275 million, accounting for 3.7% of all employed individuals. source: Office for National Statistics
Unemployment Rate in the United Kingdom increased to 5 percent in March from 4.90 percent in February 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 May of 2026.
Unemployment Rate in the United Kingdom increased to 5 percent in March from 4.90 percent in February 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 5.50 percent in 2027 and 5.20 percent in 2028, according to our econometric models.