London Employment Trends
The unemployment rate in London was 7.2% as of June 2025, up 0.3% from the previous month. The unemployment rate stood 4.4% below the peak from June 2020 but remains above the long-run average.
There were 200 more full-time jobs in June 2025 compared to a month earlier. Combined with a loss of 2,000 part-time positions, this led to a decrease of 1,800 total jobs in June.
Full-time employment was still down 10,700 jobs from the peak in October 2023 but stood 6,400 jobs above the trough in October 2024.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
