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Reading: UK unemployment rate falls in pre-budget boost, but firms keep cutting vacancies in ‘jobs drought’ – business live
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allfrontnews > Blog > Business > UK unemployment rate falls in pre-budget boost, but firms keep cutting vacancies in ‘jobs drought’ – business live
Business

UK unemployment rate falls in pre-budget boost, but firms keep cutting vacancies in ‘jobs drought’ – business live

Last updated: October 20, 2026 9:02 am
By allfrontnews
1 Min Read
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Rolling coverage of the latest economic and financial news

Here’s Stephen Evans, chief executive at Learning and Work Institute (L&W), on the situation in the UK jobs market:

“The labour market remains relatively flat overall. This resilience in the face of headwinds driven by global events is welcome. But underlying problems remain, with around one million young people not in education, employment or training and overall employment more than two million short of the Government’s 80% employment rate target.

To fix those challenges we need to change the benefit system so it offers active help to all who need it, but also make it easier for employers to create jobs. “

Continue reading…

Source: Guardian Business

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