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UK Unemployment Rate eases to 4.1% in quarter to July, as expected

  • The UK Unemployment Rate edged lower to 4.1% in three months to July.
  • The Claimant Count Change for Britain came in at 23.7K in August.
  • GBP/USD picks up fresh bids toward 1.3100 after mixed UK employment data.

The United Kingdom’s (UK) ILO Unemployment Rate eased to 4.1% in the three months to July, following June’s 4.2% print, the data published by the Office for National Statistics (ONS) showed on Tuesday. Markets expected a reading of 4.1% in the reported period.

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