Office for National Statistics announced the UK ILO unemployment rate for three months to April on 2025-06-10. with the prior figure recorded as 4.50%.
Regarding the UK ILO unemployment rate for three months to April, Published value < expected value = positive for the pound, This data set follows the International Labour Organization (ILO) definition of unemployment, which states that an individual is considered unemployed if: - The individual is currently without work during the reference period. Work is defined as paid employment/self-employment. - The individual is currently available for work. - The individual has taken specific steps to seek paid employment/self-employment (e.g., registering with private/public employment agencies, submitting job applications, looking for funding to establish their own business, etc.). The unemployment rate is viewed as an indicator reflecting the overall economic situation, and it is one of the first economic data released each month, so forex traders and researchers like to use the unemployment rate indicator to predict other related indicators such as industrial production, personal income, and even new housing construction.
This data holds an importance level of , calculated using The proportion of unemployed persons over a three-month period, calculated according to the standards of the International Labour Organization, relative to the total working population, and updates monthly. The next release is set for 2025-07-17 14:00:00.
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