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World

The furlough scheme is holding back the jobs market

10 May 2021

11:11 PM

10 May 2021

11:11 PM

Last week the Bank of England increased its forecast for economic growth in 2021 from 5 to 7.25 per cent. Now comes more evidence of an economic recovery that is gathering pace, in spite of many lockdown measures still being in place.

A UK report on jobs compiled by KPMG and REC, which uses data from 400 recruitment firms, measured in April the sharpest new increase in vacancies since it began in 1997.

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