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Home› World› Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms

Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms

WorldBy Phillip Inman Senior economics writer and Graeme WeardenOct 20, 2026, 8:39 AM
Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms
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PUBLISHEDOct 20, 2026, 8:39 AM
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What the source reports

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. 9% according to the…

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Main source: The Guardian World

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