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Jobless rate hits 51 but data shows early signs of stability

The number of workers on UK payrolls has fallen by nearly 730,000 since the start of the pandemic and the jobless rate has surged to its highest level since 2016, but official figures revealed “early signs” of a stabilising jobs market. The Office for National Statistics (ONS) said the number of payrolled workers rose by 83,000 between January and February in the second small monthly increase in a row..

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