The UK's unemployment rate has risen, official figures suggest, while pay growth continues to slow. The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

The unemployment rate in the UK increased to 4.30% in September from 4% in August, more than estimates of 4.1%. ETFs: (FXB), (EWU), (FKU), (EWUS), (FLGB). Currency: (GBP:USD) More on UK Bank of England slashes interest rate by 25 basis points to 4.

South Africa’s unemployment rate fell for the first time in a year, driven by job increases in the community and social services and construction sectors, as business confidence improves and economic growth shows signs of recovery.

Scotland’s unemployment rate fell by 1.1% in the third quarter of 2024, the latest figures show. The ONS labour market statistics for the July to September period show the unemployment rate was at 3.3%. The economic inactivity rate for those between 16 and 64 was 23.7%, up by 0.6% from the previous quarter.

South Africa's unemployment rate fell in the three months after the formation of a coalition government that has boosted business confidence and led to hopes for more progress on economic reform, data showed on Tuesday.