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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

January 16, 2024
UK UNEMPLOYMENT RATE, SEPTEMBER 2023 TO NOVEMBER 2023

The UK Office for National Statistics reported today that the unemployment rate for the three-month period September to November 2023, was stable at 4.2%. This was up from the 3.7% compared to the same period a year ago.

There were 1.459.9 million unemployed people in the UK, 215,700 more than from a year earlier. Employment in the UK was at 33.048 million, 266,700 more compared to a year earlier.

Note: The UK Office for National Statistics published an alternative series of estimates of UK employment, unemployment, and economic inactivity due to the increased uncertainty around the Labour Force Survey (LFS) estimates. These figures were derived using growth rates from Pay As You Earn Real Time Information (excluding the early flash estimate) and the Claimant Count for the periods from May to July 2023 onwards.

Source: UK Labour Market Statistics; Statistics Canada. Table 14-10-0287-01  Labour force characteristics, monthly, seasonally adjusted and trend-cycle, last 5 months



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