UK ILO Unemployment Rate rises to 3.8% in April vs. 4.0% expected

• The Unemployment Rate in the UK rose to 3.8% in April.
• UK Claimant Count Change arrived at -19.7K in May.
• The UK wages excluding bonuses rose by 4.2% YoY in April vs. 4.0% expected.

more to come ....

About UK jobs

The UK Average Earnings released by the Office for National Statistics (ONS) is a key short-term indicator of how levels of pay are changing within the UK economy. Generally speaking, the positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).