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03.03.26 - 19:31
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OBR raises UK unemployment estimates amid ′worrying′ increase in young people out of work (The Guardian)
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Unemployment is now predicted to reach 5.3% this year, up from the previous forecast of 4.9%Unemployment in the UK is set to peak this year at a higher rate than previously estimated, with a “worrying” increase in young people being out of work, the government's official forecaster has said.The Office for Budget Responsibility (OBR) said unemployment will peak at 5.3% this year, up from its previous forecast in November of 4.9%. Continue reading......
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23.02.26 - 01:18
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UK job vacancies ′fall to lowest level since pandemic′ (The Guardian)
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Advertised roles dropped 3% last month to 695,000 – first dip below 700,000 since January 2021, job site Adzuna saysThe number of job vacancies in the UK has tumbled to the lowest level in five years, research suggests, falling to levels not seen since the pandemic.The number of jobs being advertised slid by 3% in January to 695,000, according to the job search site Adzuna, marking the first time advertised vacancies have dropped below 700,000 since January 2021. Continue reading......
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19.02.26 - 07:24
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Retailers in UK plan to cut staff hours and jobs amid rising employment costs (The Guardian)
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BRC survey finds finance bosses expect technology to improve productivity, with 69% pessimistic about the economyUK retailers are planning to cut staff hours and jobs amid rising employment costs and pessimism about the economy.Almost two-thirds (61%) of finance bosses at retail companies said they planned to reduce working hours or cut overtime, according to the latest survey from the British Retail Consortium (BRC), the trade body that represents most big retailers. More than half (55%) said they would cut head office jobs and 42% said they would reduce jobs in stores. Continue reading......
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18.02.26 - 12:54
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Ministers may slow youth minimum wage rise amid UK unemployment fears (The Guardian)
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Government considering delay to equalising national minimum wage after jump in youth unemploymentUK politics live – latest updatesMinisters are considering a slower rise in the minimum wage for younger workers, amid fears over rising youth unemployment.Labour had promised in its manifesto to equalise national minimum wage rates by the time of the next election, saying it was unfair younger workers were paid less. Government sources said equalisation remained the aim but the rise could come more slowly. Continue reading......
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17.02.26 - 17:12
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UK unemployment rate hits five-year high of 5.2% as wage growth cools (The Guardian)
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ONS figures raise the prospect of a further interest rate cut by Bank of England in the springGloom for UK workers as incomes flatline and jobs market faltersBusiness live – latest updatesUnemployment in the UK has risen to 5.2%, the highest level in nearly five years, while wage growth continues to slow, raising the prospect of another cut to interest rates in the spring.The Office for National Statistics (ONS) said the rate of unemployment was 5.2% in the three months to the end of December, the highest rate since the quarter to January 2021. This was in line with what economists had been expecting and was up from 5.1% in the three months to November. Continue reading......
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17.02.26 - 14:12
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UK Unemployment Rate Near 5-Year High (AFX)
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LONDON (dpa-AFX) - The UK unemployment rate reached a near five-year high and wage growth softened in the fourth quarter, strengthening the case for the Bank of England to cut interest rates in Ma......
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17.02.26 - 10:42
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Großbritannien: BoE-MPC vor Entscheidung - Arbeitsmarkt kühlt ab, Dienstleistungsinflation im Fokus (Anleihencheck)
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Bonn (www.anleihencheck.de) - In der vergangenen Woche bestätigte ein schwacher BIP-Wert für das 4. Quartal, dass das Wachstum im Vereinigten Königreich verhalten blieb, so die Analysten von Postbank Research in ihrer aktuellen Ausgabe von "PERSPEKTIVEN Week up front".
Die Wirtschaftsleistung sei lediglich um 0,1% gegenüber dem Vorquartal gestiegen und habe damit die Erwartungen verfehlt - ein Hinweis auf Belastungen durch schwache Konsumausgaben, rückläufige Unternehmensinvestitionen und ein steigendes Handelsbilanzdefizit bei Waren. [mehr]...
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17.02.26 - 08:42
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UK Unemployment Rate Rises (AFX)
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LONDON (dpa-AFX) - The UK jobless rate rose in the fourth quarter, the Office for National Statistics reported Tuesday.The unemployment rate rose to 5.2 percent in the three months to December fro......
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17.02.26 - 08:18
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UK unemployment rate hits five-year high of 5.2% as wage growth slows – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsGood morning. Unemployment across the UK has hit a near five-year high, and wage growth has slowed.The latest labour market data, just released this morning, shows that the UK jobless rate rose to 5.2% in the October-December quarter.“The number of workers on payroll fell further in the final quarter of the year, reflecting weak hiring activity, although it is largely unchanged in the latest month. Over the same period the unemployment rate increased, with data showing that more people who were out of work are now actively looking for a job.“The number of vacancies has remained broadly stable since the middle of last year. Alongside rising unemployment this means that the number of unemployed people per vacancy has increased, reaching a new post-pandemic high. Meanwhile, redundancies are also showing an upward trend.7am GMT: UK labour force data7am GMT: German inflation report9.30am GMT: UK productivity data for Q4 202510am GMT: ZEW's eurozone...
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