Claimant Count Rate

The change in the number of those claiming jobless benefits is an early gauge of the UK’s labor market. The figures are released for the previous month, contrary to the Unemployment Rate, which is for the prior one. This release is scheduled around the middle of the month. An increase in applications is a sign of a worsening economic situation and implies looser monetary policy, while a decrease indicates improving conditions. A higher-than-expected outcome tends to be GBP-bearish.

Most recent - Tuesday 11 June 2024 06:00

Previous
4.1%
Revised
-
Actual
4.3%

Next event - Thursday 18 July 2024 06:00

Previous
-
Actual
-

The typical/expected impact on GBP pairs is medium.

Trading range

Announcement history

The most recent announced value for Claimant Count Rate was 4.3%.

Past events

Date
Actual
Tuesday 11 June 2024 06:00
4.3%
Tuesday 14 May 2024 06:00
4.1%
Tuesday 16 April 2024 06:00
4%
Tuesday 12 March 2024 07:00
4%
Tuesday 13 February 2024 07:00
4%
Tuesday 16 January 2024 07:00
4%
Tuesday 12 December 2023 07:00
4%
Tuesday 14 November 2023 07:00
4%
Tuesday 24 October 2023 06:00
4%
Tuesday 12 September 2023 06:00
4%
Tuesday 15 August 2023 06:00
4%
Tuesday 11 July 2023 06:00
4%
Tuesday 13 June 2023 06:00
3.9%
Tuesday 16 May 2023 06:00
4%
Tuesday 18 April 2023 06:00
3.9%
Tuesday 14 March 2023 07:00
3.8%
Tuesday 14 February 2023 07:00
3.9%
Tuesday 17 January 2023 07:00
4%
Tuesday 13 December 2022 07:00
3.9%
Tuesday 15 November 2022 07:00
3.9%
Tuesday 11 October 2022 06:00
3.9%
Tuesday 13 September 2022 06:00
3.9%
Tuesday 16 August 2022 06:00
3.9%
Tuesday 19 July 2022 06:00
3.9%
Tuesday 14 June 2022 06:00
4%
Tuesday 17 May 2022 06:00
4.1%
Tuesday 12 April 2022 06:00
4.3%
Tuesday 15 March 2022 07:00
4.4%
Tuesday 15 February 2022 07:00
4.6%
Tuesday 18 January 2022 07:00
4.7%
Tuesday 14 December 2021 07:00
4.9%
Tuesday 16 November 2021 07:00
5.1%
Tuesday 12 October 2021 06:00
5.2%
Tuesday 14 September 2021 06:00
5.4%
Tuesday 17 August 2021 06:00
5.7%
Thursday 15 July 2021 06:00
5.8%

Economic context

Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Claimant Count Rate result:

PreviousLatest
S&P Global/CIPS Composite PMIBearish change5351.7
S&P Global/CIPS Manufacturing PMIBullish change51.251.4
S&P Global/CIPS Services PMIBearish change52.951.2
Retail Sales (MoM)Bullish change-1.8%2.9%
Retail Sales (YoY)Bullish change-2.3%1.3%
Retail Sales ex-Fuel (MoM)Bullish change-1.4%2.9%
Retail Sales ex-Fuel (YoY)Bullish change-2.5%1.2%
GfK Consumer ConfidenceBullish change-17-14
BoE MPC Vote Rate Cut(no change)22
BoE MPC Vote Rate Hike(no change)00
Consumer Price Index (MoM)(no change)0.3%0.3%
Consumer Price Index (YoY)Bearish change2.3%2%
Core Consumer Price Index (YoY)Bearish change3.9%3.5%
PPI Core Output (MoM) n.s.a(no change)0.2%0.2%
PPI Core Output (YoY) n.s.a Bullish change0.3%1%
Producer Price Index - Output (MoM) n.s.aBearish change0.3%-0.1%
Producer Price Index - Output (YoY) n.s.aBullish change1.1%1.7%
Retail Price Index (MoM)Bearish change0.5%0.4%
Retail Price Index (YoY)Bearish change3.3%3%
Consumer Inflation ExpectationsBearish change3%2.8%
Gross Domestic Product (MoM)Bearish change0.4%0%
Industrial Production (MoM)Bearish change0.2%-0.9%
Manufacturing Production (MoM)Bearish change0.3%-1.4%
Manufacturing Production (YoY)Bearish change2.3%0.4%
Average Earnings Excluding Bonus (3Mo/Yr)(no change)6%6%
Average Earnings Including Bonus (3Mo/Yr)(no change)5.9%5.9%
Claimant Count ChangeBearish change8.4K50.4K
Employment ChangeBullish change-177K-140K
ILO Unemployment Rate (3M)Bearish change4.3%4.4%

About Claimant Count Rate

Country:United Kingdom
Currency:GBP
Source:Office for National Statistics
Category:Labor Market
Frequency:Monthly
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