UK unemployment falls to 4.2% in Oct

ANKARA

The unemployment rate in the UK has fallen to 4.2% as of October -- 0.4 percentage points lower than the previous quarter, according to data by the Office for National Statistics (ONS) on Tuesday.

"August to October estimates show a continuing recovery in the labour market," the ONS said in its announcement of the 4.2% figure, which stands for nearly 1.4 million people, down from 4.3% in the three months to the end of September.

The data showed the number of workers on company payrolls up by 257,000 in November from a month earlier, representing the largest monthly rise in payroll employment on record since 2014.

Employment in the UK is estimated at 75.5%, 1.1 percentage points lower than before the coronavirus pandemic.

The economic inactivity rate was projected at 21.2%, which was 1 percentage point higher than the pre-pandemic and 0.1 percentage point higher than the previous quarter.

ANKARA

The unemployment rate in the UK has fallen to 4.2% as of October -- 0.4 percentage points lower than the previous quarter, according to data by the Office for National Statistics (ONS) on Tuesday.

The data showed the number of workers on company payrolls up by 257,000 in November from a month earlier, representing the largest monthly rise in payroll employment on record since 2014.

Employment in the UK is estimated at 75.5%, 1.1 percentage points lower than before the coronavirus pandemic.

The economic inactivity rate was projected at 21.2%, which was 1 percentage point higher than the pre-pandemic and 0.1 percentage point higher than the previous quarter.