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UK unemployment rate falls again and wage growth slows – what it means for your money


UNEMPLOYMENT has fallen again and wage growth has slowed, new data shows.

The rate of unemployment fell to 4.0% between in June to August 2024, below estimates of a year ago, and decreased in the latest quarter.

a collection of bank of england currency laying on a table
Getty

Wages and unemployment have fallen again in the UK[/caption]

Meanwhile, the estimated number of vacancies in the UK decreased in July to September 2024, by 34,000 in the quarter to 841,000. 

The figures from the ONS also show that growth for wages was up 1.9% from June to August 2024.

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