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Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms

Latest ONS data presents mixed picture amid slump in job vacancies and analysts warning labour market is ‘running on idle’

Unemployment in the UK has fallen unexpectedly in the final snapshot of the jobs market before John Healey’s first budget next week.

The jobless rate fell to 4.7% in the three months to August, from 4.9% according to the Office for National Statistics. City economists had forecast a rise to 5%.

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© Photograph: Susannah Ireland/The Guardian

© Photograph: Susannah Ireland/The Guardian

© Photograph: Susannah Ireland/The Guardian

No 10: Hegseth ‘wrong’ to say most non-US Nato soldiers didn’t fight in Afghanistan – UK politics live

19 October 2026 at 16:39

Downing Street delivered a rare rebuke to a senior member of Donald Trump’s administration

Asked why the Lib Dems were opposed to a third runway at Heathrow when they professed to be in favour of growth, Cooper said she did not accept that a third runway would produce all the benefits its supporters claimed.

She explained:

On Heathrow, it is clear from looking at all of the economic analysis of airport growth over the last few years that many of the promises made by all sorts of different airport companies simply haven’t come to bear.

The promise of higher wage jobs hasn’t been substantiated. Often it’s lower paid jobs, and often not as many as they’ve claimed.

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© Photograph: Manuel Balce Ceneta/AP

© Photograph: Manuel Balce Ceneta/AP

© Photograph: Manuel Balce Ceneta/AP

Cut benefits to fund work support for young people, says Neet review author Alan Milburn

Exclusive: Former health secretary says upfront investment in support is needed ‘if we are going to end the Neet crisis’

Ministers should cut welfare spending to fund more employment support if it wants to end the youth Neet crisis, the author of a government-led review has said.

Alan Milburn, the Tony Blair-era health secretary, told the Guardian he believed ministers should reduce benefits payments to help pay for more employment support, opening a potentially contentious debate within the Labour party over welfare cuts.

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© Photograph: Jeff Moore/PA

© Photograph: Jeff Moore/PA

© Photograph: Jeff Moore/PA

US enshittification vs Chinese involution

6 October 2026 at 08:07

It’s getting better all the time (Better, better, better) It’s getting better all the time I admit it’s getting better –The Beatles In an X post, Marko Jukic, senior analyst at Bismarck Analysis, lamented: “Enshittification” is sort of a “safe horny” term for what is really just outright impoverishment and declining living standards due to […]

The post US enshittification vs Chinese involution appeared first on Asia Times.

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