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The Independent UK
The Independent UK
Business
Karl Matchett

Unemployment in surprise fall but job vacancies hit lowest level in five years

The level of unemployment in the UK fell slightly in a surprise drop to 4.9 per cent for the three months to May - but the wider picture is still one of caution and uncertainty in the jobs market.

That is highlighted by job vacancies falling to the lowest level in more than five years, as firms pull back hiring plans in the face of economic uncertainty and the surging cost of employment, which several business groups have spoken out against, urging Labour to change course.

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