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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

UK jobs market cools as businesses warn over budget hit to hiring and prices

United Kingdom Office for National Statistics Unemployment Huw Pill Insurance
Jobcentre Plus branch
The UK unemployment rate rose to 4.3% in the three months to September. Photograph: Gareth Fuller/PA

The UK’s jobs market has shown further signs of cooling after a rise in unemployment in September while pay growth slowed, as business leaders said the budget could hit hiring demand and lead to higher prices.

Figures from the Office for National Statistics (ONS) show the rate of unemployment rose to 4.3% in the three months to September, up from 4% the previous quarter, amid broader signs of a slowdown in the jobs market.

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