- Analytics
- News and Tools
- Market News
- UK Unemployment Rate steadies at 4.3% in quarter to October vs. 4.3% expected
UK Unemployment Rate steadies at 4.3% in quarter to October vs. 4.3% expected
- The UK Unemployment Rate stayed unchanged at 4.3% in three months to October.
- The Claimant Count Change for Britain arrived at 0.3K in November.
- GBP/USD remains pressured toward 1.2650 after mixed UK employment data.
The United Kingdom’s (UK) ILO Unemployment Rate stayed unchanged at 4.3% in the three months to October, the data published by the Office for National Statistics (ONS) showed on Tuesday. The reading matched the market estimate of 4.3% in the reported period.
Additional details of the report showed that the number of people claiming jobless benefits climbed by only 0.3K in November, compared with a decrease of 10.9K in October, beating the expected 28.2K figure.
The Employment Change data for October came in at 173K versus September’s 253K.
Meanwhile, Average Earnings, excluding Bonus, in the UK grew by 5.2% 3M YoY in October versus a 4.9% raise in September. The market forecast was for a 5.0% increase.
Another measure of wage inflation, Average Earnings, including Bonus, advanced 5.2% in the same period after rising by 4.4% in the quarter through September. The data beat the estimated 4.6% growth.
GBP/USD reaction to the UK employment report
GBP/USD picks up fresh bids on the release of the UK employment data. The pair is trading 0.09% higher on the day at 1.2690, as of writing.\
British Pound PRICE Today
The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.06% | -0.07% | -0.03% | 0.08% | 0.28% | 0.23% | 0.16% | |
| EUR | -0.06% | -0.13% | -0.10% | 0.02% | 0.22% | 0.17% | 0.09% | |
| GBP | 0.07% | 0.13% | 0.06% | 0.15% | 0.34% | 0.30% | 0.23% | |
| JPY | 0.03% | 0.10% | -0.06% | 0.10% | 0.30% | 0.24% | 0.19% | |
| CAD | -0.08% | -0.02% | -0.15% | -0.10% | 0.20% | 0.16% | 0.09% | |
| AUD | -0.28% | -0.22% | -0.34% | -0.30% | -0.20% | -0.05% | -0.13% | |
| NZD | -0.23% | -0.17% | -0.30% | -0.24% | -0.16% | 0.05% | -0.07% | |
| CHF | -0.16% | -0.09% | -0.23% | -0.19% | -0.09% | 0.13% | 0.07% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
