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13th Dec 2022 15:37U.K., Daily Monitor

  • Almost half of November's large rise in payroll employees was driven by the public sector; this won't last.
  • Another fall in job vacancies and weak business surveys suggest employment growth will peter out soon.
  • Public sector pay awards also masked slower private sector wage growth; surveys point to a further fall ahead.

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Keywords for: 14 Dec 2022 UK Monitor

business surveys, employees, employment, employment growth, labour, labour data, payroll, public sector, surveys, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence