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
10.7%
2023
2.8%
Total change
-7.9 pp
% change
-73.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.7% | — |
| 2019 | 3.3% | -7.4 pp (-69.2%) |
| 2020 | 2.5% | -0.8 pp (-24.2%) |
| 2021 | 3.0% | +0.5 pp (20%) |
| 2022 | 1.4% | -1.6 pp (-53.3%) |
| 2023 | 2.8% | +1.4 pp (100%) |