Britain's job vacancies hit five-year low
The number of job vacancies in Britain has fallen to its lowest level in over five years, decreasing by 19,000 to 707,000 during the three months ending in May, amid a slowdown in recruitment due to economic uncertainty and rising wage costs. The unemployment rate also declined to 4.9% during the same period, while wages grew by 3.4%. These figures come ahead of the Bank of England's decision on interest rates, which is expected to remain at 3.75%.
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