ILO Unemployment Rate (3M)

The Unemployment Rate is the broadest indicator of Britain’s labor market. The figure is highlighted by the broad media, beyond the financial sector, giving the publication a more significant impact despite its late publication. It is released around six weeks after the month ends. While the Bank of England is tasked with maintaining price stability, there is a substantial inverse correlation between unemployment and inflation. A higher than expected figure tends to be GBP-bearish.

Most recent - Tuesday, 15 April 06:00

Previous
4.4%
Revised
-
Forecast
4.4%
Actual
4.4%

Trading range

Forecast history

The most recent announced value for ILO Unemployment Rate (3M) was 4.4% against a forecast of 4.4%.

Past events

Date
Forecast
Actual
15 April 2025 06:00
4.4%
4.4%
20 March 2025 07:00
4.4%
4.4%
18 February 2025 07:00
4.5%
4.4%
21 January 2025 07:00
4.3%
4.4%
17 December 2024 07:00
4.3%
4.3%
12 November 2024 07:00
4.1%
4.3%
15 October 2024 06:00
4.1%
4%
10 September 2024 06:00
4.1%
4.1%
13 August 2024 06:00
4.5%
4.2%
18 July 2024 06:00
4.4%
4.4%
11 June 2024 06:00
4.3%
4.4%
14 May 2024 06:00
4.3%
4.3%
16 April 2024 06:00
4%
4.2%
12 March 2024 07:00
3.8%
3.9%
13 February 2024 07:00
4%
3.8%
16 January 2024 07:00
4.2%
4.2%
12 December 2023 07:00
4.2%
4.2%
14 November 2023 07:00
-
4.2%
24 October 2023 06:00
4.3%
4.2%
12 September 2023 06:00
4.3%
4.3%
15 August 2023 06:00
4%
4.2%
11 July 2023 06:00
3.8%
4%
13 June 2023 06:00
4%
3.8%
16 May 2023 06:00
3.8%
3.9%
18 April 2023 06:00
3.7%
3.8%
14 March 2023 07:00
3.8%
3.7%
14 February 2023 07:00
3.7%
3.7%
17 January 2023 07:00
3.7%
3.7%
13 December 2022 07:00
3.7%
3.7%
15 November 2022 07:00
3.5%
3.6%
11 October 2022 06:00
3.6%
3.5%
13 September 2022 06:00
3.8%
3.6%
16 August 2022 06:00
3.8%
3.8%
19 July 2022 06:00
3.8%
3.8%
14 June 2022 06:00
3.6%
3.8%
17 May 2022 06:00
3.8%
3.7%

Economic context

Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next ILO Unemployment Rate (3M) result:

PreviousLatest
Consumer Price Index (MoM)Bearish change0.4%0.3%
Consumer Price Index (YoY)Bearish change2.8%2.6%
Core Consumer Price Index (YoY)Bearish change3.5%3.4%
Retail Price Index (MoM)Bearish change0.6%0.3%
Retail Price Index (YoY)Bearish change3.4%3.2%
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change5.8%5.9%
Average Earnings Including Bonus (3Mo/Yr)(no change)5.6%5.6%
Claimant Count ChangeBearish change16.5K18.7K
Claimant Count RateBearish change4.6%4.7%
Employment Change (3M)Bullish change144K206K
BRC Like-For-Like Retail Sales (YoY)(no change)0.9%0.9%
Gross Domestic Product (MoM)Bullish change0%0.5%
Industrial Production (MoM)Bullish change-0.5%1.5%
Manufacturing Production (MoM)Bullish change-1%2.2%

About ILO Unemployment Rate (3M)

Country:United Kingdom
Currency:GBP
Source:Office for National Statistics
Category:Labor Market
Frequency:Monthly
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