Labor Force Participation Rate in the United Kingdom increased to 79.10 percent in January from 79 percent in December of 2020. source: Office for National Statistics
Labor Force Participation Rate in the United Kingdom averaged 76.74 percent from 1971 until 2021, 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 May of 2021.
Labor Force Participation Rate in the United Kingdom is expected to be 78.40 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 79.00 in 12 months time. In the long-term, the United Kingdom Economic Activity Rate is projected to trend around 79.20 percent in 2022 and 79.60 percent in 2023, according to our econometric models.