UK employment reveals mixed data

Source: Dukascopy Bank SA


The publication of the UK Unemployment Claimant Count Change number and the change of the Average Earnings index for the last three months have shown mixed data. Due to this reason, the rate increased volatility by initially moving up, but then suddenly retracing back down.

The Claimant Count Change was expected to show 95,500 new unemployed people in the UK. Actual released data showed only 23,700 new unemployed citizens.

In the meantime, the Average Hourly Earnings Index was forecast to show an increase of salaries by 4.1%. Actual increase was 4.0%.
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