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United Kingdom Employment Change - Adjusted held to -82.0 in September 2023, released October 2023.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| GBP/USD | ▲ Direct | +0.50 | FOREX | Moves with | → View |
| EUR/GBP | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| GBP/JPY | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.35 | INDEX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Employment Change - Adjusted (United Kingdom) was reported at -82.00 in September 2023. This is classified as a high-impact indicator released on a monthly basis.
Historically, this indicator is positively correlated with GBP/USD (Bullish GBP). A secondary relationship exists with EUR/GBP, negatively correlated (Bearish EUR).
Same-country events in the next 14 days include BoE MPC Vote Unchanged (Sep 17) and BoE Interest Rate Decision (Sep 17).
Auto-generated from current model state · Refreshes on each release · Last update October 2023.
Employment Change - Adjusted is a key financial indicator that measures the net change in the number of employed individuals in a given period, after adjusting for seasonal variations. This indicator provides valuable insights into the overall health of the job market and can help businesses and policymakers make informed decisions. A positive change indicates an increase in employment, while a negative change suggests a decline. It is an important tool for analyzing economic trends and forecasting future job growth.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus typically move rates and currencies on release. Released monthly.
Latest reading (Jul 2023): actual -82.
This indicator correlates most strongly with GBP/USD (Bullish GBP, r=0.50) — a useful reference for forex-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
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| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | HMRC Payrolls Change | -26 | -19 | -4 | 11.00 | Low | |
| 06:00 | Claimant Count Change | 27.8 | -11.8 | 8.3 | 14.53 | Low | |
| 06:00 | Employment Change | 67 | 83 | 70 | 75.50 | High | |
| 06:00 | Average Earnings excl. Bonus | 3.5 | 3.5 | 3.5 | 3.55 | Low | |
| 06:00 | Average Earnings incl. Bonus | 3.9 | 4.2 | 3.9 | 4.00 | Medium | |
| 06:00 | Unemployment Rate | 4.9 | 4.9 | 5 | 4.95 | High | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | Retail Price Index MoM | 0.6 | 0.6 | 0.7 | 0.60 | Low | |
| 06:00 | Retail Price Index YoY | 3.4 | 3.2 | 3.5 | 3.42 | Low | |
| 06:00 | PPI Core Output YoY | 2.7 | 2.7 | 2.9 | 2.83 | Low | |
| 06:00 | Inflation Rate YoY | 3.1 | 2.9 | 3.1 | 3.05 | High | |
| 06:00 | PPI Input MoM | 0.3 | -0.8 | 0.4 | 0.30 | Low | |
| 06:00 | PPI Core Output MoM | 0.3 | 0.5 | 0.4 | 0.48 | Low | |
| 06:00 | Core Inflation Rate MoM | 0.3 | 0.2 | 0.3 | 0.27 | Low | |
| 06:00 | Inflation Rate MoM | 0.5 | 0.3 | 0.5 | 0.45 | Medium | |
| 06:00 | PPI Output MoM | 0.7 | 0.4 | 0.3 | 0.40 | Low | |
| 06:00 | PPI Output YoY | 3.7 | 3.3 | 3.3 | 3.40 | Low | |
| 06:00 | Core Inflation Rate YoY | 2.6 | 2.6 | 2.6 | 2.58 | Medium | |
| 06:00 | PPI Input YoY | 6.1 | 5.8 | 5.4 | 5.55 | Low | |
| 06:00 | Core RPI MoM | 0.6 | 0.6 | 0.7 | 0.65 | Low | |
| 08:30 | House Price Index YoY | 1.4 | 2 | 2.1 | 2.17 | Low | |
| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 11:00 | BoE MPC Vote Unchanged | 69 | 69 | 69.00 | Medium | ||
| 11:00 | BoE Interest Rate Decision | 3.75 | 3.75 | 3.75 | High | ||
| 11:00 | BoE MPC Vote Cut | 9 | 9 | 9.00 | Medium | ||
| 11:00 | BoE MPC Vote Hike | 39 | 39 | 39.00 | Medium | ||