UK May claimant count change -19.7k vs -49.4k expected

• Prior -56.9k
• April ILO unemployment rate 3.8% vs 3.6% expected
• Prior 3.7%
• April employment change 177k vs 105k expected
• Prior 83k
• April average weekly earnings +6.8% vs +7.6% 3m/y expected
• Prior +7.0%
• April average weekly earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term (ex bonus) +4.2% vs +4.0% 3m/y expected
• Prior +4.2%

The number of estimated payrolled employees for May increased by 90,000 to a record 29.6 million with the employment rate increasing by 0.2% on the quarter to 75.6%. That said, the latter is still keeping below pre-pandemic levels. Adding to the slight downside in the report is that the unemployment rate ticked higher to 3.8% unexpectedly.

Besides that, the number of job vacancies in March to May rose to a new record of 1,300,000. However, the rate of growth in vacancies continued to slow down.