Surprise drop in UK unemployment to 4.7%
ONS data shows rate down from 4.9% but number of job vacancies continues to shrink Business live – news updates Unemployment in the UK fell unexpectedly in…
The Guardian reports: ONS data shows rate down from 4.9% but number of job vacancies continues to shrink Business live – news updates Unemployment in the UK fell unexpectedly in the three months to August, to 4.7% from 4.9%.
The Office for National Statistics figures, which provide a backdrop to the budget on 28 October, also showed that the number of payrolled employees rose by 13,000 between August and September, to 30.3m.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include UK, ONS and Business.
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Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- UK, ONS, Business, Unemployment
- Section
- Business
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