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Business · 4 hours ago

UK job vacancies hit lowest level since 2021 as pay growth slows

UK job vacancies hit lowest level since 2021 as pay growth slows

Britain's unemployment rate held steady at 4.9% in the three months to July while pay growth slowed down near a six-year low. Available roles dropped to 702,000 in the three months to August, marking the lowest total since 2021. Analysts expect the Bank of England to keep interest rates on hold this week amid the weakening jobs market.

Reported by Reuters · How we write briefs

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