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Labour Market Weakens in Q3.................>

UK DATA
UK DATA: Labour Market Weakens in Q3
-UK Q3 Employment -58,000 vs -56,000 June-Aug
-UK Q2 LFS Jobless Rate 3.8% vs 3.9% June-Aug
-UK Sept jobless rate 4.0% vs 3.8% in Aug (experimental statistic)
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The UK's booming jobs market appears to be weakening dramatically, with 
employment falling another 58,000 in the second quarter, the biggest 
decline since the three months to May 2015. That follows a 56,000 
decrease between June and August. Vacancies slumped by 53,000 over Q3  
2018, the biggest annual fall since late 2009, to 800,000, the lowest 
level since mid 2017. Part-time time roles declined by 100,000, 
suggesting the precarious nature of employment for many workers. Members 
of the Bank of England's Monetary Policy Committee acknowledged the 
weakening labour market at their November rate-setting meeting, but 
forecast a resumption of job growth by year end. 

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