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The UK’s jobless rate has hit its highest level outside the pandemic era for nearly a decade as experts said the further evidence of a weakened labour market made a year-end interest rate cut more likely.
Official figures showed the rate of unemployment surged to 5% in the three months to September, up from 4.8% in the three months to August.
The Office for National Statistics (ONS) said that, with the skewed levels seen during the Covid-19 years stripped out, this was the highest seen since August 2016.
The ONS said average regular wage growth also pulled back again

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