Unemployment

(asked on 2nd June 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the unemployment rate and its impact on economic growth.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 16th June 2025

In their Spring forecast, the OBR expect the unemployment rate will remain broadly flat for the rest of the year, falling to 4.1% by the end of 2027 and remaining at that rate for the rest of the forecast.

A key part of the Government’s growth mission is our commitment to get more people into work. That is why the Government has set a long-term ambition to achieve an 80% employment rate.

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