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flag UK job vacancies hit a post-pandemic low, signaling a potential wage inflation slowdown.

flag UK job vacancies have plummeted to their lowest rate since the start of the pandemic, following the October Budget. flag The sharp decline affects permanent roles more, with businesses cutting hiring and considering redundancies due to increased costs. flag Temporary hiring has also slowed, but remains more stable. flag The drop in vacancies is attributed to companies reassessing their budgets and cost-cutting measures, leading to a surge in available candidates. flag This trend may lead to a slowdown in wage inflation as businesses focus on managing their expenses.

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