Uk Unemployment Rate 2024. Economists at jackson hole say more labor market cooling may cause bigger jumps in unemployment. Uk unemployment unexpectedly rose to the highest in more than 2 1/2 years, and pay pressures eased, keeping the bank of england on track to cut interest.

Approximately 24.5 percent of people aged 16 to 17 were unemployed in the united kingdom in may 2024, the highest of any age group in that month. The rate climbed to 4.4% in the three months to.