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London city: Unemployment Rate Trend

How London city's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
6.8%
2023
3.1%
Total change
-3.7 pp
% change
-54.4%
Year Unemployment Rate Change
2017 6.8%
2019 9.2% +2.4 pp (35.3%)
2020 6.1% -3.1 pp (-33.7%)
2021 3.6% -2.5 pp (-41%)
2022 4.7% +1.1 pp (30.6%)
2023 3.1% -1.6 pp (-34%)

Other London city Trends