UK unemployment benefit claims in May

Office for National Statistics announced the UK unemployment benefit claims in May on 2025-06-10. The reported figure stands at 3.31ten thousand, with the prior figure recorded as 0.52ten thousand.

Regarding the UK unemployment benefit claims in May, Actual value > Forecast value = Bearish for the Pound, The number of unemployment benefit claims in the UK is an indicator of the change in the number of unemployed in the UK for that month. An upward trend indicates a weak labor market, which negatively impacts consumer spending and even economic growth. If this indicator is higher than expected, the pound should be viewed as weak/bearish, whereas if it is lower than expected, the pound should be viewed as strong/bullish. The number of unemployment claims is used to measure the health of the labor market; if the number increases, it indicates fewer jobs available. Generally, a change of at least 35,000 claims is necessary to indicate a significant change in job opportunities.

This data holds an importance level of , calculated using Statistics on the changes in the number of people applying for unemployment benefits in the UK, and updates monthly. The next release is set for 2025-07-17 14:00:00.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.

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