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How bad is the UK job market?

"But the trend is clearly poor," he added. The number of UK vacancies also slowed, dropping by 13,000 between January and March to 916,000, but the number of jobs that need filling remains above pre-Covid levels.

How volatile is the jobs market?

Tony Wilson, director of the Institute for Employment Studies, said that the jobs market data was "very volatile so don't read too much into short-term changes". "But the trend is clearly poor," he added.

Are 'tentative signs' that the jobs market is starting to cool?

The Office for National Statistics (ONS) said there are "tentative signs that the jobs market is beginning to cool". Overall, the ONS said the UK's unemployment rate rose from 3.9% in the three months to January and surpassed economists' forecast of an increase to 4%.

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