Wages Rising Faster than Inflation, But Job Market Slowing as Employers Worry About Costs
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Pay growth has outstripped inflation by the most in 2 years, easing cost of living squeeze.
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Job vacancies fell for 16th month in a row, indicating weakening jobs market.
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Unemployment rate largely unchanged at 4.2% between July-Sept.
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Chancellor Jeremy Hunt will reveal National Living Wage increase next week.
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Employers worried wage rises will impact costs as businesses feel squeeze.