UK Unemployment Rate climbs to 4.6% in the quarter to April as expected

• The UK Unemployment Rate rose to 4.6% in three months to April.
• The Claimant Count Change for Britain stood at 33.1K in May.
• GBP/USD holds losses below 1.3550 after weak UK employment data.

The United Kingdom’s (UK) ILO Unemployment increased to 4.6% in the three months to April after reporting 4.5% in the quarter to March, data published by the Office for National Statistics (ONS) showed on Tuesday.

The data aligned with the market estimates.

more to come ...