UK job vacancies fall for ninth time in a row
The number of people looking for work has risen as job vacancies fall suggesting that the uncertain economic outlook is hitting employment.
However, the figures also showed a rise in the employment rate as more people returned to the jobs market.Annual growth in regular pay, which excludes bonuses, was 6.6% between December and February, the Office for National Statistics said. Job vacancies fell for the ninth time in a row with companies blaming economic pressures for holding back on hiring new staff.
"We're seeing more people coming back into the workforce," he added, noting that more over-50s and younger people were returning to the jobs market. "The biggest problem area is chefs. They are in short supply and that's our number one priority," he said. Liberal Democrat Treasury spokesperson Sarah Olney said: "The Conservative party's gross mismanagement of the British economy has led to inflation rising and growth plummeting."
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