UK Unemployment Rate steadies at 4.4% in the quarter to January as expected

• The UK Unemployment Rate stays at 4.4% in three months to January.
• The Claimant Count Change for Britain came in at 44.2K in January.
• GBP/USD remains below 1.3000 after mixed UK employment data.

The United Kingdom’s (UK) ILO Unemployment Rate stayed unchanged at 4.4% in the three months to January, data published by the Office for National Statistics (ONS) showed on Thursday. The market consensus was for a 4.4% reading in the reported period.

Additional details of the report showed that the number of people claiming jobless benefits increased by 44.2K in February, compared with a gain of 22K in January, missing the expected 7.9K figure.