UK Unemployment Rate climbs to 4.2% in quarter to February vs. 4.0% expected

• The UK Unemployment Rate rose to 4.2% in three months to February.
• The Claimant Count Change for Britain stood at 10.9K in March.
• GBP/USD holds the bounce toward 1.2450 after mixed UK jobs data.

The United Kingdom’s (UK) ILO Unemployment Rate came in at 4.2% in the three months to February, rising from 3.9% in the previous period, data published by the Office for National Statistics (ONS) showed Tuesday. The reading missed the market expectations of a 4.0% print.

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