The number of people claiming unemployment related benefits in the UK increased by 528.9 thousand to 2.801 million in May 2020, following an upwardly revised 1032.7 thousand rise in the previous month and above market forecast of a 400 thousand gain, amid the coronavirus crisis. This represents a monthly increase of 23.3 percent and a rise of 125.9 percent, or 1.6 million, since March 2020. The Claimant Count has continued to rise, enhancements to Universal Credit as part of the UK government's response to the coronavirus mean an increase in the number of people eligible for unemployment-related benefit support, although still employed.
Claimant Count Change in the United Kingdom averaged 3.53 Thousand from 1971 until 2020, reaching an all time high of 856.50 Thousand in April of 2020 and a record low of -98.50 Thousand in November of 1996. This page provides the latest reported value for - United Kingdom Claimant Count Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Claimant Count Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Office for National Statistics
Claimant Count Change in the United Kingdom is expected to be 190.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Claimant Count Change in the United Kingdom to stand at -66.00 in 12 months time. In the long-term, the United Kingdom Claimant Count Change is projected to trend around -32.00 Thousand in 2021 and -26.00 Thousand in 2022, according to our econometric models.