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.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.