The Bank of England projects the unemployment rate to be 4.8% in 2026, 4.9% in 2027, and 5.1% in 2028 (July forecast: 5.0% in 2026, 5.3% in 2027, and 5.2% in 2028).

2026-11-05

The Bank of England projects the unemployment rate to be 4.8% in 2026, 4.9% in 2027, and 5.1% in 2028 (July forecast: 5.0% in 2026, 5.3% in 2027, and 5.2% in 2028).