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Services sector cuts jobs for nearly two years under cost pressures
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City AM
Services sector cuts jobs for nearly two years under cost pressures
Employment in the UK’s services sector dropped for the 23rd consecutive month in August as businesses maintained hiring freezes and trimmed headcounts following cost pressures. S&P’s latest Purchasing Managers Index (PMI) for the services industry – which is closely monitored by economists – revealed the sector has continued its longest continuous stretch of workforce reductions [...]
3 Sept, 08:58
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