Business

Pound jumps after surprise fall in UK unemployment rate, but vacancies dry up amid ‘jobs drought’ – business live

The Guardian Business · 20 October 2026 at 08:26

Pound jumps after surprise fall in UK unemployment rate, but vacancies dry up amid ‘jobs drought’ – business live

Rolling coverage of the latest economic and financial news The pound has rallied after Britain’s unemployment rate fell unexpectedly this morning to 4.7%.

Sterling has gained half a cent against the US dollar to $1.3352, as the City welcomes the news that employment rose in the last quarter.

“This d

Read the full article on The Guardian Business ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theguardian.com — the content belongs to The Guardian Business.

This story in other outlets

Surprise drop in UK unemployment to 4.7%

The Guardian Politics · 1 h ago

Pound jumps after surprise fall in UK unemployment rate, but vacancies dry up amid ‘jobs drought’ – business live

This story in other outlets

Surprise drop in UK unemployment to 4.7%

More from The Guardian Business

The CO2-absorbing building made of old sinks, windscreens and toilets: Ghent’s £17m design museum is a green marvel

‘No real sense of appeal’: Vinted sellers complain of unfair account ‘bans’

Googlebook review: Google’s new laptops are woefully underbaked

Who exactly will be affected by the UK review of benefits for young people?

More in Business

South Korean data centre builder tumbles 32% on trading debut

The CO2-absorbing building made of old sinks, windscreens and toilets: Ghent’s £17m design museum is a green marvel

Greene King chief pleads for relief from 'punishing' costs as pub chain employs fewer teens after hikes

‘No real sense of appeal’: Vinted sellers complain of unfair account ‘bans’

Googlebook review: Google’s new laptops are woefully underbaked

Alberta voters set to reject separation from Canada, early results show