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Surprise drop in UK unemployment to 4.7%

ONS data shows rate down from 4.9% but number of job vacancies continues to shrinkBusiness live – news updatesUnemployment in the UK fell unexpectedly in the three months to August, to 4.7% from 4.9%.The Office for National Statistics figures, which…

This article was originally published by The Guardian World and is republished here under license.

ONS data shows rate down from 4.9% but number of job vacancies continues to shrink

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.

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