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Monthly unemployment rate in the United Kingdom June 2020

This statistic shows the seasonally adjusted unemployment rate in the United Kingdom from June 2019 to June 2020. In June 2020, the seasonally adjusted unemployment rate in the United Kingdom was at 3.9 percent. That year, the total UK population amounted to about 67.26 million inhabitants.

United Kingdom: Unemployment rate from June 2019 to June 2020

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Source

Release date

August 2020

Region

United Kingdom (Great Britain)

Survey time period

June 2019 to June 2020

Age group

16 years and older

Special properties

Seasonally adjusted

Supplementary notes

Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. It is normal to report un-adjusted data for current unemployment rates, as these reflect the actual current situation. Seasonally adjusted data may be used for the longer term comparison. Unlike the trend and cyclical components, seasonal components, theoretically, happen with similar magnitude during the same time period each year. The seasonal component of a series are often considered to be uninteresting in their own right and to cause the interpretation of a series to be ambiguous. By removing the seasonal component, it is easier to focus on other components.

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