UK jobless claims increased in March, while the employment rate reached a record high in the three months to February ahead of social distancing measures taken to curb the spread of coronavirus, or COVID-19, data from the Office for National Statistics showed Tuesday.
In March, the claimant count rose marginally to 3.5 percent from 3.4 percent in February. The number of people claiming unemployment benefits increased 12,100 from the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.