UK unemployment rises to 5%, the highest level in four years
ONS says jobs market worsening before budget, as HMRC reports falling number of workers on firms’ payrollsBusiness live – latest updatesUnemployment in the UK has risen by more than expected...
By Richard Partington Senior economics correspondent · The Guardian World
ONS says jobs market worsening before budget, as HMRC reports falling number of workers on firms’ payrolls Business live – latest updates Unemployment in the UK has risen by more than expected to the highest level in four years, official figures show, amid a worsening slowdown in the jobs market before Rachel Reeves’s autumn budget. With under three weeks to go before the chancellor’s tax and spending statement, figures from the Office for National Statistics (ONS) show the headline unemployment rate rose to 5.0% in the three months to the end of September, up from 4.8% in the previous quarter. Continue reading...