• UK unemployment rate down 0.1% to 4.3% in January

Market news

21 March 2018

UK unemployment rate down 0.1% to 4.3% in January

Estimates from the Labour Force Survey show that, between August to October 2017 and November 2017 to January 2018, the number of people in work and the number of unemployed people both increased, but the number of people aged from 16 to 64 not working and not seeking or available to work (economically inactive) decreased.

There were 32.25 million people in work, 168,000 more than for August to October 2017 and 402,000 more than for a year earlier.

The unemployment rate (the proportion of those in work plus those unemployed, that were unemployed) was 4.3%, down from 4.7% for a year earlier and the joint lowest since 1975.

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