UK Unemployment Rate Holds Steady at 4.2% in November

The Office for National Statistics (ONS) released figures on Tuesday revealing that the UK unemployment rate remained unchanged at 4.2% during the three months leading up to November. This figure aligns with market expectations.

Other key details from the report indicate that the number of jobless claims in the UK increased by 11,700 in December, representing a change from the previous month when claims rose by 0.06 million.

The employment change data for November showed a positive trend, with an increase of 73,000, surpassing the figure of 50,000 recorded in October.