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UK unemployment hits 48-year low, pushing up pay

Britain's jobless rate hit a 48-year low in the first three months of 2022 and employers paid bigger bonuses to keep or attract staff, according to data that added to bets by investors on further Bank of England interest rate hikes.

UK unemployment hits 48-year low, pushing up pay
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Core earnings for most workers fell by the greatest amount since 2013 when adjusted for surging inflation, the Office for National Statistics said on Tuesday.

Read more at Reuters

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