Signs UK labour market continues slowing, pay rises below inflation & fewer job openings ...Middle East

Private sector pay deals mostly held at 3% in the three months to May, below 3.4% inflation.

Job vacancies fell 5% from late March to mid-June and are 21% below pre-COVID levels.

Graduate-level job ads hit lowest since at least 2018, with sharp drops in HR, accountancy, and marketing.

No signs of a jobs slump yet, despite employer concerns over higher social security costs.

This article was written by Eamonn Sheridan at www.forexlive.com.

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