Unemployment remained at 4.7% in the three months to July, with regular earnings dropping to 4.8% in the same period. The ONS’s director of economic statistics said said:
“The labour market continues to cool, with the number of people on payroll falling again, while firms also told us there were fewer jobs in the latest period… the weakness is reflected in a slight increase on the quarter in the unemployment rate [with] the number of vacancies also falling on the quarter, though the rate of decline appears to be slowing.”
With all these government resignations, is it any wonder?
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