UK Unemployment Rate climbs to 4.2% in quarter to February vs. 4.0% expected
Source Fxstreet
Apr 16, 2024 06:01
- The UK Unemployment Rate rose to 4.2% in three months to February.
- The Claimant Count Change for Britain stood at 10.9K in March.
- GBP/USD holds the bounce toward 1.2450 after mixed UK jobs data.
The United Kingdom’s (UK) ILO Unemployment Rate came in at 4.2% in the three months to February, rising from 3.9% in the previous period, data published by the Office for National Statistics (ONS) showed Tuesday. The reading missed the market expectations of a 4.0% print.
developing story ....
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Related Articles
ECB's Schnabel: Central bank most concerned about wages, servicesEuropean Central Bank (ECB) executive board member Isabel Schnabel said in her scheduled appearance on Thursday that the “biggest concern is clearly services inflation." Additional comments "There is a consensus emerging that we may be facing a quite bumpy last mile.” "The more concerning part is productivity growth." “We've had negative productivity growth now over several quarters." .
European Central Bank (ECB) executive board member Isabel Schnabel said in her scheduled appearance on Thursday that the “biggest concern is clearly services inflation." Additional comments "There is a consensus emerging that we may be facing a quite bumpy last mile.” "The more concerning part is productivity growth." “We've had negative productivity growth now over several quarters." .
Retail Sales in the US rose 0.7% in March to $709.6 billion, the US Census Bureau reported on Monday.
Related Instrument