UK Unemployment Rate holds steady at 4.2% in quarter to October, as expected

  • The UK Unemployment Rate stayed unchanged at 4.2% in the quarter to October.
  • The Claimant Count Change for Britain arrived at 16K in November.
  • GBP/USD pares back gains toward 1.2550 after the mixed UK jobs data.

The United Kingdom’s (UK) ILO Unemployment Rate held steady at 4.2% in three months to October, according to the latest data published by the Office for National Statistics (ONS) showed Tuesday. The market consensus was for a 4.2% print in the October quarter.

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United Kingdom ILO Unemployment Rate (3M) meets expectations (4.2%) in October

United Kingdom ILO Unemployment Rate (3M) meets expectations (4.2%) in October
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