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Monthly unemployment rate in the United Kingdom December 2018
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Monthly unemployment rate in the United Kingdom December 2018
United Kingdom: Unemployment rate from December 2017 to December 2018 (seasonally adjusted)
This statistic shows the seasonally adjusted unemployment rate in the United Kingdom from December 2017 to December 2018. In December 2018, the seasonally adjusted unemployment rate in the United Kingdom was at 4 percent. That year, the total UK population amounted to about 65.1 million inhabitants.
United Kingdom: Unemployment rate from December 2017 to December 2018 (seasonally adjusted)
| Months from December 2017 to December2018 | Unemployment rate |
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| Months from December 2017 to December2018 | Unemployment rate |
|---|---|
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Description
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This statistic shows the seasonally adjusted unemployment rate in the United Kingdom from December 2017 to December 2018. In December 2018, the seasonally adjusted unemployment rate in the United Kingdom was at 4 percent. That year, the total UK population amounted to about 65.1 million inhabitants.
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- Release date
- February 2019
- Region
- United Kingdom (Great Britain)
- Survey time period
- December 2017 to December 2018
- 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
- December 2017 to December 2018
- 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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