UK Unemployment Rate Holds Steady, Wage Growth Rises Amidst Increased Claimant Count

The United Kingdom's ILO unemployment rate remained at 4.9% in the latest reading, below the 5.0% consensus forecast. Wage growth, including bonuses, increased by 3.9%, in line with expectations, while regular wage growth (excluding bonuses) held at 3.5%. However, claimant count entries rose significantly by 27.8k, exceeding the anticipated 8.3k.