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Source:
The Guardian
The Guardian
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UK unemployment unexpectedly fell to 4.7% in the three months to August, from 4.9%, with a slight increase in payrolled employees. Meanwhile, job vacancies decreased by 21,000 to 691,000, the lowest since 2021, raising concerns about a tightening labor market. Average wage growth remains above inflation, prompting concerns about potential future price increases.
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