FOREX TradingCharts.com

Financial News: UK Unemployment Rate Unchanged, Earnings Growth Slows Shar

UK Unemployment Rate Unchanged, Earnings Growth Slows Sharply

06/16/2020 - 02:46:00 (RTTNews)

(RTTNews) - The UK jobless rate was unchanged from the previous quarter, while earnings growth slowed sharply in the three months to April, when the economy entered a lockdown for a large part to slow the spread of the coronavirus, or Covid-19, preliminary data from the Office for National Statistics showed on Tuesday. The unemployment rate was 3.9 percent in the three months to April, which was unchanged from the previous quarter. A year ago, the unemployment rate was 3.8 percent. The jobless rate remained unchanged defying economists' expectations for a jump to 4.7 percent. The employment grew by 6,000 persons, in contrast to expectations for a massive 83,000 fall. The annual growth in average earnings including bonus slowed sharply to 1 percent from 2.3 percent in the January to March quarter. That was worse than the 1.4 percent economists had forecast. Annual growth in average earnings excluding bonus eased to 1.7 percent from 2.7 percent. Economists had expected a slightly better figure of 1.9 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Germany's Wholesale Prices Fall At Slower Pace (05 min(s), 13 sec(s) ago)
(RTTNews) - Germany's wholesale prices continued to fall in June, but the pace of decline slow ...Full Story»

Australia's Treasurer Says Unemployment To Rise Amid Economic Challenges (38 min(s), 13 sec(s) ago)
(RTTNews) - Australia's unemployment rate is expected to rise amid the economic challenges, Tr ...Full Story»

New Zealand Food Prices Gain 0.4% In June (54 min(s), 47 sec(s) ago)
(RTTNews) - Food prices in New Zealand were up a seasonally adjusted 0.4 percent on month in June, ...Full Story»

Japan Tertiary Industry Index Data Due On Monday (39 min(s), 47 sec(s) ago)
(RTTNews) - Japan will on Monday see May results for its tertiary industry index, headlining a lig ...Full Story»

U.S. Producer Prices Unexpectedly Drop 0.2% In June (54 min(s), 47 sec(s) ago)
(RTTNews) - Producer prices in the U.S. unexpectedly decreased in the month of June, according to ...Full Story»

EU's Michel Lays Out Long-term Budget & Recovery Plan (52 min(s), 47 sec(s) ago)
(RTTNews) - European Council President Charles Michel on Friday laid out a plan for long-term budg ...Full Story»

Bank Of Italy Sees Around 9.5% GDP Contraction This Year On Covid-19 (21 min(s), 47 sec(s) ago)
(RTTNews) - Italy's economy is set to contract by around 9.5 percent this year due to the impa ...Full Story»

U.S. Producer Prices Unexpectedly Dip 0.2% In June (23 min(s), 47 sec(s) ago)
(RTTNews) - Producer prices in the U.S. unexpectedly decreased in the month of June, according to ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Germany's Wholesale Prices Fall At Slower Pace

07/13/2020 - 02:15 AM (RTTNews)
(RTTNews) - Germany's wholesale prices continued to fall in June, but the pace of decline slow ...Full Story>>

Australia's Treasurer Says Unemployment To Rise Amid Economic Challenges

07/13/2020 - 01:42 AM (RTTNews)
(RTTNews) - Australia's unemployment rate is expected to rise amid the economic challenges, Tr ...Full Story>>

New Zealand Food Prices Gain 0.4% In June

07/12/2020 - 19:15 PM (RTTNews)
(RTTNews) - Food prices in New Zealand were up a seasonally adjusted 0.4 percent on month in June, ...Full Story>>

Japan Tertiary Industry Index Data Due On Monday

07/12/2020 - 18:00 PM (RTTNews)
(RTTNews) - Japan will on Monday see May results for its tertiary industry index, headlining a lig ...Full Story>>

U.S. Producer Prices Unexpectedly Drop 0.2% In June

07/10/2020 - 13:15 PM (RTTNews)
(RTTNews) - Producer prices in the U.S. unexpectedly decreased in the month of June, according to ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.