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UK Job Market Slows Down: Hiring, Vacancies Drop
Published 1 day, 21 hours ago
Description
New data from Britain indicates a slowdown in hiring, with a significant drop in jobs and job vacancies in April. Wage growth remains steady, but the Bank of England is concerned about inflation pressure, exacerbated by the conflict in Iran. The slowdown in wage growth and hiring suggests businesses are adjusting to the current global situation.
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