Quote Originally Posted by jon1959 View Post
No - that isn’t ‘effectively’ what it says.
I asked google, what is the definition and measurement of UK unemployment?

Answer - Unemployed people are defined as those aged 16 or over who are without work, available to start work in the next two weeks and who have either: a) been actively seeking work in the past four weeks, or. b) are waiting to start a new job they have already obtained.

ONS data for February 2023 - Employment in the UK: February 2023 - https://www.ons.gov.uk/employmentand...k/february2023

Says: February 2023 UK unemployment rate: 3.7%, employment rate: 75.8%.

Or, 24.2% are not employed, but just 3.7% of those are counted as unemployed.