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You can find the current article at its original source at https://www.theguardian.com/business/live/2016/aug/17/uk-jobless-claims-expected-to-rise-following-brexit-vote-business-live
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UK jobless claims expected to rise following Brexit vote - business live | UK jobless claims expected to rise following Brexit vote - business live |
(35 minutes later) | |
8.06am BST | |
08:06 | |
European markets open higher | |
The FTSE 100 is up 23 points or 0.3% in early trading, at 6,916. | |
7.50am BST | 7.50am BST |
07:50 | 07:50 |
The FTSE 100 is expected to open slightly higher this morning: | The FTSE 100 is expected to open slightly higher this morning: |
Our European opening calls:$FTSE 6904 up 10$DAX 10687 up 10$CAC 4465 up 5$IBEX 8616 down 6$MIB 16791 down 2 | Our European opening calls:$FTSE 6904 up 10$DAX 10687 up 10$CAC 4465 up 5$IBEX 8616 down 6$MIB 16791 down 2 |
7.47am BST | 7.47am BST |
07:47 | 07:47 |
The agenda: UK jobless claims to offer Brexit insight | The agenda: UK jobless claims to offer Brexit insight |
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. | Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. |
The spotlight is on the UK jobs market today. At 9.30am the Office for National Statistics will publish the latest unemployment data. | The spotlight is on the UK jobs market today. At 9.30am the Office for National Statistics will publish the latest unemployment data. |
Much of the data, including the ILO unemployment rate and total number of people out of work, will relate to the three months ending June - before the 23 June EU referendum. | Much of the data, including the ILO unemployment rate and total number of people out of work, will relate to the three months ending June - before the 23 June EU referendum. |
But the claimant count data will reveal how many people claimed unemployment benefit it July, a month after the Brexit vote. | But the claimant count data will reveal how many people claimed unemployment benefit it July, a month after the Brexit vote. |
Economists polled by Reuters are expecting a 9,500 jump in claims last month, following a rise of 400 in June. | Economists polled by Reuters are expecting a 9,500 jump in claims last month, following a rise of 400 in June. |
On the ILO measure, the unemployment rate is expected to remain unchanged at 4.9% in the three months ending June. Wage growth (including bonuses) is expected to pick up slightly to 2.4% from 2.3%. | On the ILO measure, the unemployment rate is expected to remain unchanged at 4.9% in the three months ending June. Wage growth (including bonuses) is expected to pick up slightly to 2.4% from 2.3%. |