Forex Fundamentals
UK Unemployment Rate

UK Unemployment Rate 12 March 2024

UK Unemployment Rate 12 March 2024: 3.9% for January 2024, above the 3.8% forecast and up from 3.8% in December 2023. 5 of the last 10 releases came in above the forecast. It was released on Tue 12 Mar 2024 at 07:00 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 2024
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 12 March 2024: 3.9% for January 2024 against a 3.8% forecast, with the last 12 releases
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Cite this release

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

UK Unemployment Rate 12 March 2024: 3.9% vs 3.8% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-unemployment/2024-03-12

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
12 Mar 2024Jan3.9%3.8%3.8%
13 Feb 2024Dec3.8%4%3.9%
16 Jan 2024Nov4.2%4.2%4.2%
12 Dec 2023Oct4.2%—4.2%
14 Nov 2023Sep4.2%4.3%4.2%
24 Oct 2023Aug4.2%——
12 Sep 2023Jul4.3%4.3%4.2%
15 Aug 2023Jun4.2%4%4%
11 Jul 2023May4%3.8%3.8%
13 Jun 2023Apr3.8%4%3.9%
16 May 2023Mar3.9%3.8%3.8%
18 Apr 2023Feb3.8%3.7%3.7%
The release before:UK Unemployment Rate 13 February 2024The release after:UK Unemployment Rate 16 April 2024UK Unemployment Rate: every recent resultThis week’s economic calendar