Number of unemployment benefit claims in the UK in July

Office for National Statistics announced the Number of unemployment benefit claims in the UK in July on 2025-08-12. with the prior figure recorded as 2.59ten thousand.

Regarding the Number of unemployment benefit claims in the UK in July, Actual value > Forecast value = Bearish for Pound, The change in the number of unemployment benefit claims in the UK is an indicator of the change in the number of unemployed in the UK for the month. An upward trend indicates a weak labor market, which negatively impacts consumer spending and economic growth. If this indicator is higher than expected, the pound should be considered weak/bearish, while if the indicator is lower than expected, the pound should be considered strong/bullish. The number of unemployment benefit claims is used to gauge the health of the labor market; an increase in the number indicates fewer jobs. Typically, a change of at least 35,000 claims is required to indicate a significant change in job opportunities.

This data holds an importance level of , calculated using Statistics on the changes in the number of people applying for unemployment benefits in the UK, and updates monthly. The next release is set for 2025-09-16 14:00:00.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.

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