UK unemployment unexpectedly falls to 4.7% in the three months to August
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UK unemployment fell unexpectedly to 4.7% in the three months to August, down from 4.9%, according to ONS figures ahead of the 28 October budget. Payrolled employees rose by 13,000 between August and September to 30.3m, but vacancies fell by 21,000 to 691,000 in the three months to September, the lowest since 2021. Economists had expected unemployment to reach 5%.
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