Layoffs have remained limited, apart from some high-profile cuts at firms such as Amazon and UPS and the unemployment rate has held steady at around 4.3%. Meanwhile, the wider economy continues to grow, expanding at a robust annual pace of 4.4% in the most recent figures.
Lex: FT's flagship investment column
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The 22-year-old tells Newsbeat it is "a bit upsetting" that BludFest is not staying in the UK as she feels it was "built on that British culture".