Unemployment rate by London borough (2015-17 and 2018-20 (Q4))
The figures presented here are averages of each three-year period. Measured in the fourth quarter (January-December), the borough with the average highest unemployment rate in the 2018-2020 period was Waltham Forest (8.2%), replacing Tower and Hamlets from Q2, whose average unemployment rate sits now just below the London average at 5.1%. The borough with the lowest unemployment rate remained Richmond upon Thames (3.2%).
In most London boroughs, unemployment fell between 2017 and 2020, with the largest falls taking place in Tower Hamlets (-4.7ppts), Barking and Dagenham (-2.6ppts) and Redbridge (-2.3ppts).
Between 2017 and 2020, unemployment rose the most in Waltham Forest (+3.3 ppts), Hammersmith and Fulham (1.7 ppts) and Lambeth (+1.7ppts).