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UK Unemployment Rate ticks up to 4.5% in the quarter to March, as expected

UK Unemployment Rate ticks up to 4.5% in the quarter to March, as expected

  • The UK Unemployment Rate rose to 4.5% in three months to March.
  • The Claimant Count Change for Britain came in at 5.2K in April.
  • GBP/USD holds gains near 1.3200 after mixed UK employment data.

The United Kingdom’s (UK) ILO Unemployment Rate edged higher to 4.5% in the three months to March after reporting 4.4% in the quarter to February, data published by the Office for National Statistics (ONS) showed on Tuesday. The market forecast was for a 4.5% reading in the reported period.

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