India, July 17 -- The British pound strengthened against other major currencies in the European session on Thursday, following mixed employment figures from the United Kingdom.
Data from the Office for National Statistics showed that the U.K. unemployment rate rose unexpectedly in the three months to May. The jobless rate rose to 4.7 percent, while it was forecast to remain unchanged at 4.6 percent.
Payroll employment decreased 178,000 in June from the previous year, and by 41,000 from the previous month. Employment totaled 30.3 million.
The estimated number of vacancies declined 56,000 sequentially to 727,000 in the three months to June.
Including bonuses, average earnings increased 5.0 percent from the previous year in the three month...