Data from an employment search website makes for grim reading for jobseekers but could give the Bank of England some hope that its action to tackle inflation is having an effect.
Please use Chrome browser for a more accessible video playerIt also suggested employers were turning more cautious about hiring.
The report also showed employers were becoming more secretive about pay rates, with over half of adverts not disclosing salary details for the first time. Cambridge remained the top UK city with the least competition for jobs, with 0.25 jobseekers per vacancy.
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