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Labour market details

UK DATA
  • The unrounded 3-month private AWE was 5.242% in the 3-months to June. This was down from 5.590% in the 3-months to May (which was revised up marginally from 5.561%).
  • The single month Y/Y was 4.90% in June, down from 4.98%Y/Y in May (revised from 4.90%) and 5.85% in April (unrevised). This is the lowest unrounded single month Y/Y since February 2022.
  • There are some administrative changes to the claimant count that have increased that - and may increase it further in future months - but it is still unusual to have the unemployment rate and claimant count rate move in different directions to such an extent.
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  • The unrounded 3-month private AWE was 5.242% in the 3-months to June. This was down from 5.590% in the 3-months to May (which was revised up marginally from 5.561%).
  • The single month Y/Y was 4.90% in June, down from 4.98%Y/Y in May (revised from 4.90%) and 5.85% in April (unrevised). This is the lowest unrounded single month Y/Y since February 2022.
  • There are some administrative changes to the claimant count that have increased that - and may increase it further in future months - but it is still unusual to have the unemployment rate and claimant count rate move in different directions to such an extent.