Economy · World
UK Jobless Rate Drops Amidst Small Firm Hiring Slowdown
The United Kingdom's unemployment rate has decreased, according to the Office for National Statistics. However, small firms are reportedly scaling back their hiring plans, citing labor costs as a significant factor. This reduction in vacancies is described as a 'bitter blow' to jobseekers.
How outlets across the spectrum covered it
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- Centre (2): BBC News, Evening Standard