- UK unemployment jumped to its highest rate in over three years, rising to 4.5% in the three months to August.
- Nearly 3 million people claimed jobless benefits in September, according to data released by the Office for National Statistics.
- The jobs data was worse than the 4.3% rise economists had expected.
- The situation could deteriorate after the British government announced a new system of local lockdowns, introducing a three-tiered system of rules as infections surge across the country and a furlough program is set to expire later this month.
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UK unemployment rose to a three-year high of 4.5% in the three months to August, from 4.1% in July, according to data released by the Office of National Statistics on Tuesday.
The number of people claiming jobless benefits rose to 2.7 million in September – an increase of