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UK job vacancies soar as economy reopens

UK job vacancies soar as economy reopens July 16, 2021 London: Britain s unemployment is falling as the nation´s Covid-hit economy reopens but vacancies are soaring as businesses struggle to recruit sufficient staff, official data showed on Thursday. The unemployment rate dipped to 4.8 percent in the three months to the end of May, the Office for National Statistics said in a statement. That was down from 5.0 percent in the three months to February, the ONS added. Unemployment remains 0.9 percentage points higher than its pre-pandemic level. But the labour market has picked up since March as a result of the economy´s phased reopening, with England set to fully exit lockdown next Monday.

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