Unemployment in Britain Rises at 4.5% in October

The unemployment rate in the United Kingdom witness an increase in October by more than analysts’ expectations, and data issued by the British National Statistics Office on Tuesday showed that the unemployment rate came at 4.5% during the month of October, compared with 1.4% the previous month’s reading.

Analysts had expected that the unemployment rate in the United Kingdom would rise to 4.3% this month.