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The Independent UK
The Independent UK
Business
Holly Williams

Job vacancies hit five-year low as small firms scale back new hires

Office for National Statistics

Job vacancies have fallen to a five-year low as small firms scale back recruitment due to soaring wage costs, according to official figures.

The Office for National Statistics (ONS) said there were about 8,000 fewer vacancies quarter on quarter in the three months to August, at 702,000.

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