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Commentary submitted by Danni Hewson in their own words.

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-EconomyUnemployment

Wage growth slips back as jobless rate hits highest since 2021 – ONS

We’ve got used to taking these jobs figures from the ONS with a pinch of salt, but factor in business surveys, anecdotal evidence from industry and data from recruiters and you can make out a clearer picture of a labour market that’s soft, with younger workers facing the biggest challenges.