Thread regarding United Kingdom Layoffs layoffs

British Retailers Cut Staff Due to High Costs

UK unemployment reached 5.2%, a five-year high. The retail sector lost 74,000 jobs year-on-year. Businesses attribute these job losses to higher labor costs. Increased National Insurance contributions and minimum wage hikes impacted hiring. Younger workers and consumer-facing businesses are most affected.

https://internetretailing.net/retail-layoffs-mount-as-uk-unemployment-climbs-to-five-year-peak/

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