From Investing.com: 2025-02-18 06:10:00

The UK jobs market is facing uncertainty as tax hikes loom, leading to concerns of potential redundancies. Despite a gloomy outlook, current data shows stability in employment numbers and low redundancy levels. Vacancies have decreased in sectors like retail and hospitality, impacting wage growth. However, with the market cooling, wage growth is expected to slow gradually throughout the year. The Bank of England may consider rate cuts to support the economy, with predictions of four cuts in total this year. Overall, the jobs market remains stable amidst growing pessimism. (Words: 100)



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