Daily Market Updates: UK Unemployment Falls to 4.7%, but Payrolls and Vacancies Reveal Weak Hiring

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UK Unemployment Falls to 4.7%, but Payrolls and Vacancies Reveal Weak Hiring

Reported · Written up by our desk · Major Pairs

UK unemployment fell unexpectedly from 4.9% to 4.7% in the three months to August, beating market expectations of 5.0%, while the employment rate increased from 75.1% to 75.3% compared with the previous quarter. The Labour Force Survey also showed employment rising by 102K and unemployment declining by 47K on a quarterly basis. Meanwhile, regular wage […] The post UK Unemployment Falls to 4.7%, but Payrolls and Vacancies Reveal Weak Hiring appeared first on ActionForex .

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Action ForexUK Unemployment Falls to 4.7%, but Payrolls and Vacancies Reveal Weak Hiring

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UK Unemployment Falls to 4.7%, but Payrolls and Vacancies Reveal Weak Hiring

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