London Employment Trends
The unemployment rate in London was 4.9% at the end of February 2020, down 0.1% from the previous month to one of the lowest levels on record.
The number of full-time jobs was up from the end of the previous month to a new monthly record.
There were the same number of full-time jobs in February 2020 compared to a month earlier. A gain of 800 part-time positions led to an increase of 800 total jobs in February.
Full-time job gains occurred mainly in agriculture, transportation & warehousing, education, and accommodation & food services.
These gains offset losses occurring mainly in construction, manufacturing, trade services, the financial sector, healthcare, information & culture services, and public administration.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.