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Sunak’s relief over rising UK employment may be short-lived

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Analysis: chancellor warns of ‘bumps in the road’ as Covid, furlough and Bank verdict loom

Rishi Sunak is too savvy an operator to declare victory in the battle against unemployment because the past 18 months have shown that the unexpected can happen, and often does.

Yet while noting that there could still be “bumps in the road”, the chancellor is certainly relieved by how well the UK labour market has recovered from the effects of the Covid pandemic.

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