UK Unemployment Rate Falls to 4.7%, Earnings Growth Picks Up
The UK's unemployment rate has decreased to 4.7% in the June-August 2026 period, with average earnings growth rising to 3.7%, according to the Office for National Statistics.
US Politics • 2 hours ago
The unemployment rate in the United Kingdom for individuals aged 16 and over was an estimated 4.7 percent between June and August 2026, the Office for National Statistics (ONS) reported. This figure represents a decrease of 0.1 percentage points compared to both the previous year and the most recent quarter.
Concurrently, UK average regular earnings growth accelerated to 3.7 percent in the three months leading up to August. After accounting for inflation, as measured by the Consumer Prices Index, this growth was 0.8 percent higher.
These economic indicators are being closely watched as they are released approximately one week before Chancellor John Healey is scheduled to deliver the next Budget on October 28.
