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Cracks in UK labour market grow as demand for staff fades

British employers’ demand for staff grew in October at the slowest rate in almost eight years, a survey showed on Friday, underlining suspicions at the Bank of England that the labour market may be losing its strength.

Cracks in UK labour market grow as demand for staff fades
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A monthly index of jobs vacancies from the Recruitment and Employment Confederation and accountants KPMG fell to 51.7 from 52.6 in September, its lowest level since January 2012.

Read more at Reuters.

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