UK Unemployment Rate

UK Unemployment Rate 17 March 2020

UK Unemployment Rate 17 March 2020: 3.9% for January 2020, above the 3.8% forecast and up from 3.8% in December 2019. It is the highest reading since August 2019. 3 of the last 12 releases came in above the forecast. It was released on Tue 17 Mar 2020 at 09:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Office for National Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
3.9%
January 2020
Forecast
3.8%
The market consensus
Previous
3.8%
As the source gives it

What a print like this usually does

Above the forecast: A higher unemployment rate than forecast can weigh on sterling as markets see a looser labour market and greater scope for BoE cuts.

UK Unemployment Rate 17 March 2020: 3.9% for January 2020 against a 3.8% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

UK Unemployment Rate 17 March 2020: 3.9% vs 3.8% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-unemployment/2020-03-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 Mar 2020Jan3.9%3.8%3.8%
18 Feb 2020Dec3.8%3.8%3.8%
21 Jan 2020Nov3.8%3.8%3.8%
17 Dec 2019Oct3.8%3.9%3.8%
12 Nov 2019Sep3.8%3.9%3.9%
15 Oct 2019Aug3.9%3.8%3.8%
10 Sep 2019Jul3.8%3.9%3.9%
13 Aug 2019Jun3.9%3.8%3.8%
16 Jul 2019May3.8%3.8%3.8%
11 Jun 2019Apr3.8%3.8%3.8%
14 May 2019Mar3.8%3.9%3.9%
16 Apr 2019Feb3.9%3.9%3.9%