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Home / Analytics / Economic Indicators / ILO Unemployment Rate
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ILO Unemployment Rate

ILO Unemployment Rate UK

The ILO Unemployment Rate released by the National Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the UK Economy. If the rate is up, it indicates a lack of expansion within the UK labor market. As a result, a rise leads to weaken the UK economy. Generally, a decrease of the figure is positive (or bullish) for the GBP, while an increase is negative.

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