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UK Employment Stuck in the Mud

18 Jan 2017 12:00 AM | Anonymous

The employment situation in the UK is looking a bit sticky, as the Office for National Statistics (ONS) reported that the number of people in work slipped by 9,000 to just over 31.8 million in the three months to November. The employment rate held at all-time record high of 74.5 percent and wage growth picked up pace. The suggestion among analysts is that Brexit uncertainty has kept hiring low among firms with wage growth reflecting a skills shortage among professionals and specialists. For more information on the data, click here.

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