Britain's job openings hit five-year low

Job vacancies in Britain have fallen to their lowest level in over five years, declining by 19,000 on a quarterly basis to reach 707,000 over the three months ending in May, due to a slowdown in hiring and rising wage costs. The unemployment rate also decreased to 4.9 percent, while wage growth remained steady at 3.4 percent during the same period. These figures come ahead of the Bank of England's decision on interest rates, which is expected to remain at 3.75 percent.

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