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.