Posts Tagged ‘Employment Change’
UK Labour Market Cools; Government Spending Review to Shape Sterling Outlook
GBP The Pound Sterling weakened to around 1.3456 against the US Dollar during European trading on Tuesday. This came after the UK’s Office for National Statistics reported a slowdown in the labour market for the three months ending April. New jobs added totalled 89,000, down from 112,000 in the previous quarter, while the unemployment rate…
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