The Short Version
The broad framing of this claim obscures a more complicated reality. While the UK unemployment rate dipped to 4.9% for December 2025–February 2026 (down from 5.2% the prior quarter), it remains above the 2024 average of 4.3% and represents a year-on-year increase according to both the ONS and the IMF. The claim is only true relative to select comparators like 2021, not "previous years" generally.