Labor Force Participation Rate in the United Kingdom decreased to 79.50 percent in March from 79.80 percent in February of 2020.

Labor Force Participation Rate in the United Kingdom averaged 76.70 percent from 1971 until 2020, reaching an all time high of 79.80 percent in January of 2020 and a record low of 74.10 percent in March of 1983. This page provides - United Kingdom Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Economic Activity Rate - values, historical data and charts - was last updated on July of 2020. source: Office for National Statistics

Labor Force Participation Rate in the United Kingdom is expected to be 78.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in the United Kingdom to stand at 78.40 in 12 months time. In the long-term, the United Kingdom Economic Activity Rate is projected to trend around 78.80 percent in 2021 and 79.60 percent in 2022, according to our econometric models.

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United Kingdom Economic Activity Rate

Actual Previous Highest Lowest Dates Unit Frequency
79.50 79.80 79.80 74.10 1971 - 2020 percent Monthly
SA

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.90 12.00 3.40 percent [+]
Employed Persons 32991.00 33144.00 33144.00 23630.00 Thousand [+]
Unemployed Persons 2801.70 2272.80 3090.00 422.60 Thousand [+]
Part Time Employment 8595.00 8692.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24396.00 24453.00 24463.00 19136.00 Thousand [+]
Employment Rate 76.40 76.60 76.60 65.60 percent [+]
Claimant Count Change 528.90 1032.70 1032.70 -98.50 Thousand [+]
Labor Force Participation Rate 79.50 79.80 79.80 74.10 percent [+]
Long Term Unemployment Rate 0.90 0.80 4.30 0.80 percent [+]
Youth Unemployment Rate 11.80 11.40 22.30 9.70 percent [+]
Labour Costs 109.70 109.00 109.70 20.90 points [+]
Productivity 100.70 101.80 101.80 42.40 points [+]
Job Vacancies 476.00 641.00 855.00 432.00 Thousand [+]
Wages 529.00 538.00 546.00 300.00 GBP/Week [+]
Wages in Manufacturing 596.00 615.00 622.00 356.00 GBP/Week [+]
Wage Growth 1.00 2.30 6.70 -2.70 percent [+]
Minimum Wages 8.72 8.21 8.72 5.05 GBP/Hour [+]
Population 66.65 66.27 66.65 52.20 Million [+]
Retirement Age Women 66.00 65.50 66.00 60.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Average Weekly Hours 29.10 31.40 33.50 29.10 Hours [+]
Employment Change 6.00 211.00 311.00 -279.00 Thousand [+]


United Kingdom Economic Activity Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.