UK labour market shows signs of stabilising after job losses
NeutralWorld Affairs

The UK labour market is showing signs of stabilising, with the unemployment rate slightly rising to 4.8%. The Office for National Statistics (ONS) reports that while there were earlier job losses attributed to tax increases, the number of payrolls and job vacancies are now levelling off. This is significant as it suggests a potential recovery in employment, which could impact economic growth and consumer confidence.
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