Unemployment Rate. UK, 10:30 (GMT+2)


Unemployment Rate measures the change in the number of people unemployed in the United Kingdom in a certain month. The increase in the indicator demonstrates the weakness of the labor market and has a negative impact on consumer spending and, consequently, on economic growth. A higher than expected reading should be taken as positive/bullish for GBP, while a lower than expected reading should be taken as negative/bearish for GBP.

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