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FX.co ★ UK Unemployment Rate Dips to 4.9% in February, Easing from January Peak

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typeContent_19130:::2026-04-21T06:00:00

UK Unemployment Rate Dips to 4.9% in February, Easing from January Peak

The United Kingdom’s unemployment rate fell to 4.9% in February 2026, easing from 5.2% in January, according to data updated on 21 April 2026. The move marks a reversal from the previous month’s higher reading, suggesting some improvement in labour market conditions.

February’s figure shows a 0.3 percentage point decline from January 2026, when the unemployment rate had stood at 5.2%. While no further details on sector performance or job creation were provided, the latest data indicates that a portion of those counted as unemployed at the start of the year have re-entered work or left the labour force.

With the update as of 21 April 2026, markets and policymakers will be watching closely to see whether February’s improvement signals the start of a more sustained decline in joblessness across the UK economy.

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