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The collapse in the labour market since the onset of the global financial crisis has been highlighted by a halving of the number of jobs advertised over the past year, a survey finds.

The Olivier Job Index found the number of jobs advertised online fell by 7.43 per cent in April to be down 49.84 per cent on the same month a year ago.

Transport was the hardest hit sector, with a drop of 18.04 per cent in April, amid fears about a further decline in international air travel because of the outbreak of swine flu in humans.

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