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Monthly unemployment rate in the United Kingdom May 2019
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Monthly unemployment rate in the United Kingdom May 2019
United Kingdom: Unemployment rate from May 2018 to May 2019 (seasonally adjusted)
by H. Plecher,
last edited
Oct 15, 2019
This statistic shows the seasonally adjusted unemployment rate in the United Kingdom from May 2018 to May 2019. In May 2019, the seasonally adjusted unemployment rate in the United Kingdom was at 3.8 percent. That year, the total UK population amounted to about 66.87 million inhabitants.
United Kingdom: Unemployment rate from May 2018 to May 2019 (seasonally adjusted)
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| Months from May 2018 to May 2019 | Unemployment rate |
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Description
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by H. Plecher,
last edited
Oct 15, 2019
This statistic shows the seasonally adjusted unemployment rate in the United Kingdom from May 2018 to May 2019. In May 2019, the seasonally adjusted unemployment rate in the United Kingdom was at 3.8 percent. That year, the total UK population amounted to about 66.87 million inhabitants.
- Show sources information
- Show publisher information
- Release date
- February 2019
- Region
- United Kingdom (Great Britain)
- Survey time period
- May 2018 to May 2019
- 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.
Source
- Show sources information
- Show publisher information
- Release date
- February 2019
More information
- Region
- United Kingdom (Great Britain)
- Survey time period
- May 2018 to May 2019
- 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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