WHAT IT INFLUENCES: GBP and its subsequent pairs
WHAT'S HAPPENING: Claimant Count Change measures the change in the number of unemployed people receiving unemployment benefits in the U.K. during the reported month. A rising trend indicates weakness in the labour market. A reading that is higher than forecast is generally negative or bearish for the GBP, while a lower than expected forecast reading is usually positive or bullish for the GBP.