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UK: Claimant Count Change up 33.6K in July, against forecasts

FXStreet (Łódź) - The number of unemployment people in the UK rose by 33.6K in July, following a 39.5K drop registered in June, National Statistics reported on Wednesday. Analysts expected a 30.0K fall. The Claimant Count Rate was at 3.0%, following a 3.1% reading.

The ILO Unemployment Rate slid to 6.4% in June, from 6.5% in May.

Average Earnings excluding Bonus rose 0.6% in the three months to June, following a 0.7% reading in the three months to May. Average Earnings including Bonus dropped 0.2%, in comparison with 0.4% growth, slightly below projections of -0.1%.

United Kingdom Claimant Count Rate dipped from previous 3.1% to 3% in July

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GBP/USD slid below 1.68 on UK data, but not ready to go lower

GBP/USD traded just above 1.6820 before the British Labor data release, moving to 1.6792 low post data.
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