UK unemployment drops as vacancies and payrolls hit record; grocery prices rise – business live | Business
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Unemployment across the UK has dipped, as company payrolls continued to swell over the summer as the economy recovered from the economic shock of the pandemic.
Figures released by the Office for National Statistics this morning show that the jobless rate fell to 4.5% in the three months to August. That’s down from 4.6% in the three months to July, and 0.4 percentage points lower than the previous quarter.
In another sign that the labour market continuing to recover, the number of payroll employees rose by 207,000 in September to a record 29.2m, back at pre-pandemic levels.
Pawel Adrjan
(@PawelAdrjan)
New @ONS data:
– Payrolls +207k in September
– Record vacancies
– Headline employment/unemployment/inactivity figures all improved on previous quarter pic.twitter.com/wAxPXNHJ9t
October…
