UK unemployment has fallen to the lowest levels since the mid-1970s

Unemployment rate (aged 16 and over, seasonally adjusted), %

12%

10

8

6

2023

4.0%

4

2

1971

1981

1991

2001

2011

2021

12%

10

8

6

2023

4.0%

4

2

1971

1981

1991

2001

2011

2021