Office for National Statistics announced the UK ILO unemployment rate for three months in June on 2025-08-12. The reported figure stands at 4.7%, against a forecast of 4.7%, with the prior figure recorded as 4.70%.
Regarding the UK ILO unemployment rate for three months in June, Published value < expected value = bullish for GBP, This data set follows the International Labour Organization (ILO) definition of unemployment, which states that an individual is considered unemployed under the following circumstances: - The individual currently has no job during the reference period. Work is defined as paid employment/self-employment. - The individual is currently available to work. - The individual has taken specific steps to seek paid employment/self-employment (e.g., registering with private/public employment agencies, submitting job applications, seeking funding to establish their own business, etc.). The unemployment rate is viewed as an indicator reflecting the overall economic condition, and it is one of the first economic data released each month, which is why forex traders and researchers like to use the unemployment rate to forecast other related indicators such as industrial production, personal income, and even new housing construction.
This data holds an importance level of , calculated using According to the International Labour Organization standards, the unemployment rate calculated over a three-month period accounts for the proportion of the total labor force, 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.
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
1.37% | 2.62% | 26.16% | 39.82% | 95.89% |