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mpc: 19 Employment had risen by 90,000 in 2004 Q4 on the Labour Force Survey (LFS) measure, slightly faster than the growth in the adult population, leading to a small rise in the employment rate. Average weekly hours worked had also risen. But the various surveys had provided a mixed picture of the demand for labour. The overall balance for employment in the CIPS survey had fallen to just below the 50 `no change' level in February but the earlier British Chambers of Commerce measures of employment intentions in services and, to a lesser degree, manufacturing had remained strong. The Bank's Agents had reported subdued but stable private sector employment growth, mainly in business services.

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