UK employment rate estimated at 76.0% in three months to May, 0.6 percentage points lower than pre-pandemic level but 0.2 percentage points higher than previous quarter; unemployment rate estimated at 4.0%, up 0.2% quarter-over-quarter: ONS

Sample article from our Housing & Economy

LONDON , July 11, 2023 (press release) –

Estimates of employment, unemployment and economic inactivity for the UK.

Main points

  • March to May 2023 estimates show increases in the employment rate and the unemployment rate compared with the previous quarter (December 2022 to February 2023) while the economic inactivity rate decreased.
  • The UK employment rate was estimated at 76.0%, 0.2 percentage points higher than the previous quarter and 0.6 percentage points lower than before the coronavirus (COVID-19) pandemic (December 2019 to February 2020).
  • The UK unemployment rate was estimated at 4.0%, 0.2 percentage points higher than the previous quarter, and has risen to pre-pandemic levels.
  • The UK economic inactivity rate was estimated at 20.8%, 0.4 percentage points lower than the previous quarter and 0.6 percentage points higher than before the pandemic.
  • Total hours worked increased in the latest quarter and is above pre-coronavirus pandemic levels.

Industry Intelligence Editor's Note: This press release omits select charts and/or marketing language for editorial clarity. Click here to view the full report.

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