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20 October 2026

UK Unemployment Rate Falls to 4.7% in August

UK Unemployment Rate Falls to 4.7% in August

According to a report released by the UK Office for National Statistics on Tuesday, the unemployment rate in the United Kingdom fell to 4.7% in the three months to August, compared with 4.9% in the previous three-month period.


The decline reflects a decrease in the UK’s unemployment rate and may attract market participants’ attention as they assess the country’s economic conditions and the potential impact on the British pound.

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