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May 14, 2024UK UNEMPLOYMENT RATE, DECEMBER 2023 TO MARCH 2024 
The UK Office for National Statistics reported today that the unemployment rate for the three-month period January 2024 to March 2024, edged up to 4.3%. This was up from 4.0% in the same period a year ago.
There were 1.486 million unemployed people in the UK, 103,000 more than from a year earlier. Employment in the UK was at 32.997 million, 204,000 less compared to a year earlier. UK labour force decreased by 101,000 over the past year to 34.483 million.
Note: From 13 February 2024, ONS will be reinstating reweighted Labour Force Survey (LFS) estimates. The new reweighted LFS estimates incorporate the latest estimates of the size and composition of the UK population, improving the representativeness of the LFS estimates - these will replace the experimental estimates that have been published since October 2023.
Source: UK Labour Market Statistics; UK Labour Market Data; Statistics Canada. Table 14-10-0287-01 Labour force characteristics, monthly, seasonally adjusted and trend-cycle, last 5 months
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