UK Unemployment Rate steadies at 4.4% in quarter to May, as expected

  • The UK Unemployment Rate held steady at 4.4% in three months to May.
  • The Claimant Count Change for Britain arrived at 32.3K in June.
  • GBP/USD trades near 1.3000 after mixed UK employment data.

The United Kingdom’s (UK) ILO Unemployment Rate held steady at 4.4% in the three months to May after reporting 4.4% in the previous period, according to data published by the Office for National Statistics (ONS) on Thursday. The market consensus was for a 4.4% reading.

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