UK August ILO unemployment rate 4.2% vs 4.3% expected

<ul><li>Prior 4.3%</li><li>Employment change -82k vs -198k expected</li><li>Prior -207k</li></ul><p>Just be wary that there are changes made to this dataset as noted <a href="https://www.forexlive.com/news/reminder-a-note-on-the-uk-labour-market-data-later-today-20231024/" target="_blank" rel="follow">here</a>. ONS warns that the latest estimates "should be used with extreme caution". So, even with the slight tick lower in the jobless rate, it isn't really that indicative of anything great until we get more clarity on sorting out the data in the labour market report.</p>

This article was written by Justin Low at www.forexlive.com.

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