UK unemployment rate in May

Office for National Statistics announced the UK unemployment rate in May on 2025-06-10. with the prior figure recorded as 4.50%.

Regarding the UK unemployment rate in May, Actual value > Forecast value = Bearish for the Pound, The unemployment rate refers to the ratio of unemployed people to the labor force (the number of jobless individuals who are willing to work among the total employed population during a certain period). It aims to measure idle labor capacity and is a key indicator reflecting the unemployment situation of a country or region. The unemployment rate is viewed as an indicator of the overall economic condition, and it is often the first economic data released each month, which is why forex traders and researchers like to use the unemployment rate to predict other related indicators such as industrial production, personal income, and even new housing construction. An increase in the unemployment rate is bearish for the British pound.

This data holds an importance level of , calculated using The ratio of the number of unemployed to the total labor force, announced official unemployment rate and ILO unemployment rate, and updates monthly. The next release is set for 2025-07-17 14:00:00.

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