The post UK Unemployment Rate steadies at 4.3% in quarter to October vs. 4.3% expected appeared on BitcoinEthereumNews.com.

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%…

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Filed under: News - @ December 17, 2024 7:24 am