United Kingdom GBP

United Kingdom Claimant Count Change

Impact:
High

Latest Release:

Date:
Surprise:
-17.1K
| GBP
Actual:
5.2K
Forecast: 22.3K
Previous/Revision:
-16.9K
Period: Apr

Next Release:

Date:
Period: May
What Does It Measure?
The Claimant Count Change in the United Kingdom measures the change in the number of individuals claiming unemployment benefits, providing a critical insight into the state of employment within the economy. It primarily assesses labor market conditions and can indicate trends in unemployment, with a figure above zero suggesting worsening conditions and below zero indicating improvements in employment.
Frequency
The Claimant Count Change is released monthly, typically on the second Wednesday of the following month, and comprises final figures rather than preliminary estimates.
Why Do Traders Care?
Traders closely monitor this report as it has significant implications for financial markets, particularly in terms of currency and equity performance. An increase in the claimant count typically signals weakness in the job market, which may lead to a bearish sentiment for the British Pound (GBP) and equities, while a decrease suggests economic strength, potentially bullish for these assets.
What Is It Derived From?
The Claimant Count Change is calculated based on data collected from individuals registering for unemployment benefits, including both Jobseeker’s Allowance and Universal Credit claimants. This data is derived from administrative records maintained by the Department for Work and Pensions, ensuring that the figures reflect actual claims and changes in the labor market.
Description
The Claimant Count Change is characterized as a coincident indicator of the economy, reflecting the current state of employment by providing an immediate view of jobless claims. Unlike other employment metrics, which may lag economic shifts, this indicator offers timely insights into labor market dynamics and potential economic trends.
Additional Notes
This indicator is often compared to the unemployment rate and other employment figures, serving as a supplementary measure of job market health. It acts as a coincident economic measure, directly illustrating the current state of employment trends in relation to other regions or global economic conditions.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bearish for GBP, Bearish for Stocks. Lower than expected: Bullish for GBP, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
5.2K
22.3K
-16.9K
-17.1K
18.7K
30.3K
16.5K
-11.6K
44.2K
7.9K
2.8K
36.3K
22K
10K
-15.1K
12K
0.7K
10.3K
-25.1K
-9.6K
0.3K
28.2K
-10.9K
-27.9K
26.7K
30.5K
10.1K
-3.8K
27.9K
20.2K
0.3K
7.7K
23.7K
95.5K
102.3K
-71.8K
135K
14.5K
36.2K
120.5K
32.3K
23.4K
51.9K
8.9K
50.4K
10.2K
8.4K
40.2K
8.9K
13.9K
-2.4K
-5K
10.9K
17.2K
4.1K
-6.3K
16.8K
20.3K
3.1K
-3.5K
14.1K
6K
5.5K
8.1K
11.7K
3K
0.6K
8.7K
16K
15K
8.9K
1K
17.8K
25K
9K
-7.2K
20.4K
2.3K
-9K
18.1K
0.9K
17K
7.4K
-16.1K
29K
-7.3K
16.2K
36.3K
25.7K
-22K
-22.5K
47.7K
-13.6K
22K
23.4K
-35.6K
46.7K
-15K
26.5K
61.7K
28.2K
-9.5K
-18.8K
37.7K
-11.2K
-27K
-30.3K
15.8K
-12.9K
25K
-3.2K
-37.9K
19.7K
16K
16.1K
3.7K
30.5K
3.5K
-6.4K
27K
3.3K
27K
3.9K
-23.7K
25.5K
10K
6.3K
15.5K
6.3K
-4K
-10.5K
10.3K
-10.5K
-10K
-26.8K
-0.5K
-20.1K
-25K
-34.7K
4.9K
-19.7K
-49.4K
-65.5K
29.7K
-56.9K
-42.5K
-81.6K
-14.4K
-46.9K
-31K
-58K
-15.9K
-48.1K
-25K
-67.3K
-23.1K
-31.9K
-28K
-43.3K
-3.9K
-43.3K
-36K
-95.1K
-7.3K
-49.8K
-20K
-14.9K
-29.8K
-14.9K
-30K
-51.1K
15.1K
-51.1K
-46K
-58.6K
-5.1K
-58.6K
-26K
-7.8K
-32.6K
-7.8K
-180K
-114.8K
172.2K
-114.8K
-120K
-92.6K
5.2K
-92.6K
-62K
-55.8K
-30.6K
-15.1K
25K
-19.4K
-40.1K
10.1K
150K
86.6K
-139.9K
86.6K
-17K
-20.8K
103.6K
-20K
25K
-20.4K
-45K
7K
35K
38.1K
-28K
64.3K
30K
-29.8K
34.3K
-29.8K
50K
-40.2K
-79.8K
28K
78.8K
39.5K
-50.8K
73.7K
100K
69.9K
-26.3K
94.4K
10K
-28.1K
84.4K
-28.1K
250K
566.4K
-278.1K
528.9K
400K
1032.7K
128.9K
856.5K
676.5K
12.1K
180K
12.2K
175K
5.9K
-162.8K
17.3K
21.4K
-0.2K
-4.1K
5.5K
22.6K
2.6K
-17.1K
14.9K
22.6K
14.9K
-7.7K
28.8K
24.5K
26.4K
4.3K
33K
21.3K
13.5K
11.7K
21.1K
26.5K
16.3K
-5.4K
28.2K
30K
19.8K
-1.8K
28K
32K
31.4K
-4K
38K
22.8K
24.5K
15.2K
23.2K
22.9K
19.1K
0.3K
24.7K
24.2K
22.6K
0.5K
28.3K
20K
26.7K
8.3K
27K
2.7K
15.7K
24.3K
14.2K
2.7K
20.2K
11.5K
20.8K
20K
24.8K
0.8K
21.9K
13.2K
23.2K
8.7K
20.2k
4.3K
23.2K
18.5K
7.5K
14.2K
11K
8.7K
10K
10.2K
-1.3K
6.2K
3.8K
9K
2.4K
7.8K
-2.1K
-3K
9.9K
-7.7K
11.3K
28.2K
-19K
31.2K
7.8K
15.7K
23.4K
11.6K
5K
15.1K
6.6K
9.2K
-5K
-1.6K
14.2K
-7.2K
4.1K
6.2K
-11.3K
8.6K
5.4K
12.2K
3.2K
5.9K
3.2K
6.5K
2.7K
1.1K
2.3K
2.6K
-1.2K
1.7K
1K
-0.2K
0.7K
-2.8K
0.6K
-2.9K
-3.4K
-4.2K
3.7K
3.5K
-7.9K
5.9K
10K
7.7K
-4.1K
7.3K
20.3K
22K
-13K
19.4K
7.5K
33.5K
11.9K
25.5K
-3K
-6.1K
28.5K
-11.3K
-41.4K
-42.4K
0.8K
-20.5K
-43.2K
-10.1K
5K
1.3K
-15.1K
2.4K
5K
13.3K
-2.6K
9.8K
2K
5.6K
7.8K
0.7K
3K
7.1K
-2.3K
2.4K
1.8K
-3.6K
0.6K
-8.6K
10K
0.9K
-18.6K
0.4K
3.5K
12.2K
-3.1K
-0.4K
-0.1K
6.4K
-0.3K
-2.4K
4.3K
14.7K
-6.7K
6.7K
-11.3K
-9.3K
18K
-18K
-9.1K
-28.4K
-8.9K
-14.8K
-3K
-15.2K
-11.8K
-4.3K
2.5K
-2.2K
-6.8K
3.9K
1.5K
0.2K
2.4K
3.3K
1.5K
0.5K
1.8K
4.6K
-2.1K
1.2K
6.7K
1.2K
-5K
-6.8K
6.2K
-4.9K
1.5K
0.2K
-6.4K
7K
-8.8K
-1.1K
15.8K
-6.5K
-12.3K
-7.8K
5.8K
-12.6K
-20K
-16.7K
7.4K