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UK unemployment increases to +2.51m

The number of people unemployed in the UK rose by 53,000 to 2.51 million during the three months to March, official figures have shown.

The unemployment total is now at its highest level since December 1994.

However, the total number of people claiming unemployment benefit fell in April by 27,100 to 1.52 million – a sharper fall than expected.

The rate of unemployment remained at 8%, the Office for National Statistics said.

BBC News

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May
24
Today’s Global
Market Events
8:30am

CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am

EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am

USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm

USD
FOMC Member Dudley Speaks
3:00pm

USD
Treasury Sec Geithner Speaks
7:30pm

JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%