Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms
Latest ONS data presents mixed picture amid slump in job vacancies and analysts warning labour market is ‘running on idle’ Business live – news updates Healey to reject calls to raise CGT in budget Unemployment in the UK has fallen unexpectedly in the final snapshot of the jobs market before John Healey’s first budget next week. The jobless rate fell to 4.7% in the three months to August, from 4.9The Guardian
What this means if you want to work there
UK unemployment dropped unexpectedly to four point seven percent in the latest figures before the first budget. That update comes from official data covering the three months leading up to August. Job vacancies fell at the same time, leading analysts to warn the market is running on slow power. This report does not state what new budget measures will change for foreign workers arriving soon. You should keep your resume ready in English while you monitor official announcements closely.
Read the full story at The Guardian
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