London Employment Trends
The unemployment rate in London was 6.5% as of October 2025, up 0.3% from the previous month. The unemployment rate stood 5.1% below the peak from June 2020 and is below the long-run average.
There were 1,700 more full-time jobs in October 2025 compared to a month earlier. Combined with a loss of 200 part-time positions, this led to an increase of 1,500 total jobs in October.
Full-time employment was still down 2,200 jobs from the peak in October 2023 but stood 15,000 jobs above the trough in October 2024.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
