- UK March jobless claims change 12.2K vs +172.5K expected.
- The UK wages excluding bonuses rose by 2.9% YoY vs. +3.0% expected.
- The unemployment rate in the UK rose to 4.0% in February.
The Office for National Statistics (ONS) showed on Tuesday, The UK’s official jobless rate rose from the previous 3.9% to 4.0% in February, while the claimant count change showed a much smaller-than-expected increase.
more to come …