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GBP Claimant Count Change
February 2025:
The number of claimants increased by 44.2K, significantly higher than the forecast of 7.9K.
January 2025:
The number rose by 22K, exceeding expectations of 10K.
December 2024:
The increase was 0.7K, below the forecast of 10.3K
These increases indicate a weakening UK labor market. Additionally, changes in welfare policies—such as stricter job search requirements for part-time workers and reforms to health assessments—may have contributed to the rising claimant numbers.
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