UK April jobless claims change -15.1k vs -10.1k prior

News

Latest data released by ONS – 18 May 2021

  • Prior -10.1k
  • Claimant count rate 7.2%
  • Prior 7.3%
  • March ILO unemployment rate 4.8% vs 4.9% expected
  • Prior 4.9%
  • March employment change 84k vs 50k 3m/3m expected
  • Prior -73k
  • March average weekly earnings +4.0% vs +4.5% 3m/y expected
  • Prior +4.5%
  • March average weekly earnings (ex bonus) +4.6% vs +4.6% 3m/y expected
  • Prior +4.4%

Slight delay in the release by the source. With many businesses reopening in April, there was a decent bump in payrolls but ONS does note that there remains three-quarters of a million people fewer than before the pre-pandemic peak last year.

Total employment rate in the UK is seen at 75.2% in the latest report but is still some 1.4% lower than the levels seen during December to February 2020.

Invest in yourself. See our forex education hub.

Articles You May Like

Former Fed Vice Chair Clarida sees possibility of fewer rate cuts than expected this year
Gold climbs Rs 350; silver jumps Rs 200
Forexlive Americas FX news wrap 22 Mar. USD moves higher while yield move lower.
Key Fed inflation gauge rose 2.8% annually in February, as expected
Huawei’s profit doubled in 2023 as smartphone, autos business picked up