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UK jobs growth remains strong in November -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: As he is making a delivery in London (Britain), October 13th 2021, a lorry driver sees a notice on his car advertising job opportunities. REUTERS/Toby Melville/File photo

LONDON (Reuters – British employers added 257,000 employees to their payrolls last November. These figures are consistent with signs that Britain’s labour market is resilient to ending the furlough program. Data published Tuesday.

Before raising interest rates, the Bank of England stated that it must be certain the September expiry of the scheme has not led to an increase in unemployment.

Investors have rethought their expectations of a BoE rate increase on Thursday after the December policy meeting due to the Omicron coronavirus variant.

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