Good morning: The unemployment rate in the UK has fallen to 4.7 per cent as the economy bounces back from the Covid-19 crisis. The number of employees on company payrolls rose by 182,000 in July compared with June, figures published by the Office for National Statistics this morning show. This helped to reduce the jobless rate from 4.8 per cent to 4.7 per cent in July, a stronger outcome than economists had expected, with most forecasting that unemployment would hold at 4.8 per cent. There are now 28.9 million people on company payrolls in the UK. Unemployment

Source: The Times August 17, 2021 08:03 UTC