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UK jobs market nearing something of a trough as focus turns to Budget

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“The UK employment market appears to be nearing something of a trough. Payrolled employee numbers fell by 78,000 or 0.3% between June 2025 and June 2026, but were largely unchanged on the month, decreasing just 13,000 or 0.0% between May and June, while the unemployment rate held steady at 4.9%. …

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