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UK Job Market Slowdown Alert
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UK experiences the slowest growth in starting pay for permanent staff in over three years, coupled with a notable decline in temporary worker spending, reflecting a sluggish job market. The Recruitment and Employment Confederation's findings may impact the Bank of England's monetary policy deliberations.
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How might the sluggish growth in starting pay impact job seekers and existing employees in the UK?
In what ways could the Bank of England adjust its monetary policies in response to the UK's weakened job market?
What strategies could recruiters and businesses adopt to navigate the challenging job market conditions?
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