The UK labor market turned less tight in the middle of the year as job vacancies declined for the first time since August 2020 and the unemployment rate remained unchanged, the latest Labor Force Survey from the Office for National Statistics showed Tuesday.
The number of job vacancies showed its first quarterly fall since June to August 2020. Job vacancies totaled 1.274 million, a decrease of 19,800 from the previous quarter.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.