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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 14 November 2023 07:00

Previous
4.2%
Revised
-
Forecast
-
Actual
4.2%

Next event - Tuesday 12 December 2023 07:00

Previous
4.2%
Forecast
4.2%
Actual
-

The typical/expected impact on GBP pairs is high.

The consensus forecast for ILO Unemployment Rate (3M) is 4.2%. A higher value than forecast tends to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.

Trading range

Forecast history

The most recent announced value for ILO Unemployment Rate (3M) was 4.2%.

Past events

Date
Forecast
Actual
Tuesday 14 November 2023 07:00
-
4.2%
Tuesday 24 October 2023 06:00
4.3%
4.2%
Tuesday 12 September 2023 06:00
4.3%
4.3%
Tuesday 15 August 2023 06:00
4%
4.2%
Tuesday 11 July 2023 06:00
3.8%
4%
Tuesday 13 June 2023 06:00
4%
3.8%
Tuesday 16 May 2023 06:00
3.8%
3.9%
Tuesday 18 April 2023 06:00
3.7%
3.8%
Tuesday 14 March 2023 07:00
3.8%
3.7%
Tuesday 14 February 2023 07:00
3.7%
3.7%
Tuesday 17 January 2023 07:00
3.7%
3.7%
Tuesday 13 December 2022 07:00
3.7%
3.7%
Tuesday 15 November 2022 07:00
3.5%
3.6%
Tuesday 11 October 2022 06:00
3.6%
3.5%
Tuesday 13 September 2022 06:00
3.8%
3.6%
Tuesday 16 August 2022 06:00
3.8%
3.8%
Tuesday 19 July 2022 06:00
3.8%
3.8%
Tuesday 14 June 2022 06:00
3.6%
3.8%
Tuesday 17 May 2022 06:00
3.8%
3.7%
Tuesday 12 April 2022 06:00
3.9%
3.8%
Tuesday 15 March 2022 07:00
4%
3.9%
Tuesday 15 February 2022 07:00
4.1%
4.1%
Tuesday 18 January 2022 07:00
4.2%
4.1%
Tuesday 14 December 2021 07:00
4.2%
4.2%
Tuesday 16 November 2021 07:00
4.4%
4.3%
Tuesday 12 October 2021 06:00
4.5%
4.5%
Tuesday 14 September 2021 06:00
4.6%
4.6%
Tuesday 17 August 2021 06:00
4.8%
4.7%
Thursday 15 July 2021 06:00
4.7%
4.8%
Tuesday 15 June 2021 06:00
4.7%
4.7%
Tuesday 18 May 2021 06:00
4.9%
4.8%
Tuesday 20 April 2021 06:00
5.1%
4.9%
Tuesday 23 March 2021 07:00
5.2%
5%
Tuesday 23 February 2021 07:00
5.1%
5.1%
Tuesday 26 January 2021 07:00
5.1%
5%
Tuesday 15 December 2020 07:00
5.1%
4.9%

Economic context

Other recent announcements which may affect the market's interpretation of the next ILO Unemployment Rate (3M) result:

PreviousLatest
Consumer Inflation ExpectationsBearish change3.6%3.3%
BRC Like-For-Like Retail Sales (YoY)(no change)2.6%2.6%

About ILO Unemployment Rate (3M)

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