The official unemployment rate was 31,4% in the fourth quarter of 2025.

According to the QLFS Q4: 2025 results, there was an increase of 44 000 in the number of employed persons to 17,1 million, while there was a decrease of 172 000 in the number of unemployed persons to 7,8 million compared with Q3: 2025 results. This resulted in a decrease of 128 000 (or 0,5%) in the labour force in the same period.

The above changes in employment and unemployment resulted in the official unemployment rate (LU1) decreasing by 0,5 of a percentage point from 31,9% in the third quarter of 2025 to 31,4% in the fourth quarter of 2025.

During the same period, discouraged job-seekers increased by 233 000 to 3,7 million, other available job-seekers decreased by 110 000 to 855 000, and unavailable job-seekers decreased by 41 000 to 42 000, resulting in a total net increase of 82 000 to 4,6 million in the potential labour force population (i.e. persons who were available but not seeking or unavailable but seeking). Other outside the labour force increased by 165 000 to 12,5 million. Outside the labour force, which is the total of the potential labour force and other outside the labour force, increased by 248 000 to 17,1 million in Q4 of 2025.

In addition to the unemployment rate (LU1), other measures of labour underutilisation (LU) were measured. The combined rate of unemployment and time-related underemployment (LU2) decreased by 0,6 of a percentage point to 34,3%; the combined rate of unemployment and potential labour force (LU3) decreased by 0,3 of a percentage point to 42,1% in the fourth quarter compared with the third quarter of 2025.

Lastly, the composite measure of labour underutilisation (LU4) (which combines time-related underemployment, unemployment and potential labour force as a proportion of extended labour force) was 44,5% in the fourth quarter of 2025. These labour underutilisation measures highlight people in different situations and with different degrees of attachment to the labour market.