UK ILO Unemployment Rate steadies at 3.8% in May, meets estimates UnitedKingdom Employment EconomicIndicator GBPUSD
The number of people claiming jobless benefits fell by 20K in June when compared to -34.7K booked previously.
is unfazed by the mixed UK employment data. The spot was last seen trading at 1.1965, up 0.11% on the day. is a key short-term indicator of how levels of pay are changing within the UK economy. Generally speaking, the positive earnings growth anticipates positive for the GBP, whereas a low reading is seen as negative .
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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