The jobs situation report cautions that "softness in the labour market is likely to persist with continued weakness in hiring and pressure on companies to retrench", notes the writer, adding that the unemployment rate, which climbed to 2.9 per cent in the second quarter, will likely rise further.
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The jobs situation report cautions that "softness in the labour market is likely to persist with continued weakness in hiring and pressure on companies to retrench", notes the writer, adding that the unemployment rate, which climbed to 2.9 per cent in the second quarter, will likely rise further.