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May 17, 2022UK UNEMPLOYMENT RATE, JANUARY 2022 TO MARCH 2022 
The UK Office for National Statistics reported today that the unemployment rate for the three-month period January 2022 to March 2022 was 3.7%, down (-0.1 percentage points) from the previous three month period.
This is down from the 4.9% reported for the same months a year ago.
The UK unemployment rate has not been lower since May 1974 to July 1974.
There were 1.26 million unemployed people, 396,150 fewer than for a year earlier and the fewest unemployed people since 1975.
Employment was at 32.57 million, 387,656 more compared to a year earlier.
Source:
UK Labour Market Statistics.
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/may2022
Statistics Canada. Table 14-0287-01
Labour force characteristics, monthly, seasonally adjusted and trend-cycle, last 5 months
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