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Posts Tagged ‘ILO’

UK Labour Market Cools; Government Spending Review to Shape Sterling Outlook

By Currency Global | June 10, 2025

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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