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The Guardian - UK
The Guardian - UK
Business
Heather Stewart Economics editor

FOUND: Uk s bumper pay rises show inflation is tricky to shift - What They Never Told You

Commuters cross London Bridge
UK employment rose by 173,000 in the three months to October. Photograph: Dan Kitwood/Getty Images

Business figures have been sounding increasingly alarmed about the state of the UK’s jobs market in recent days, with the recruiter James Reed claiming it augurs a recession.

There were certainly some signs of a slowdown in the latest labour market data, published on Tuesday – but with pay growing briskly, it was hard to detect a significant shift.

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