UK Unemployment Rate rises to 4.4% in quarter to April vs. 4.3% expected

• The UK Unemployment Rate rose to 4.4% in three months to April.
• The Claimant Count Change for Britain came in at 50.4K in May.
• GBP/USD eases 1.2700 after mixed UK jobs data.

The United Kingdom’s (UK) ILO Unemployment Rate rose to 4.4% in the three months to April after reporting 4.3% in the previous period, data published by the Office for National Statistics (ONS) showed Tuesday. The market consensus was for a 4.3% reading.

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