UK unemployment falls to 4.7% as job vacancies hit lowest since 2014

Britain's jobless rate declined to 4.7% in the three months through August, marking a rebound in hiring activity, while job vacancies fell to their lowest level since 2014, signaling a cooling labour market. Wage growth accelerated to 3.7% annually, keeping interest rate expectations alive.

The mixed employment data reflects the Bank of England's $BOE ongoing policy dilemma between inflation control and economic growth, supporting expectations for potential rate guidance shifts. #economie #marche