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UK jobless rate unexpectedly dips to 4.7% in August

UK unemployment rate fell to 4.7% in August, below the 5.0% forecast. Other labour market indicators showed mixed results.

20/10/2026 06:123 min read
  • August's ILO unemployment rate dropped to 4.7%, compared with a forecast of 5.0%.
  • The previous rate had been 4.9%.
  • Employment change in August was expected at 5,000, after a prior increase of 67,000.
  • The preceding employment change figure had been +67,000.
  • One measure of average weekly earnings over three months was expected to rise 3.8% year-on-year, following a previous gain of 3.9%.
  • The prior earnings reading stood at 3.9%.
  • A second earnings measure was expected to climb 3.6% over three months, after a prior rate of 3.5%.
  • The previous value for that metric was 3.5%.
  • September payrolls data recorded a change.
  • In the prior period, payrolls fell by 26,000.

Additional data is expected.

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