Global Economic News

UK Job Vacancies Decline; Wage Growth Eases

The UK job vacancies declined sharply and average wage growth eased slightly, but the unemployment rate remained unchanged at a 44-year low and the employment rate reached a record high, data from the Office for National Statistics showed Tuesday.

Data showed that vacancies decreased by 20,000 from the previous quarter to 794,000 during the September to November period. From last year, vacancies plunged 59,000, which was the biggest fall since late 2009.

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by RTTNews Staff Writer

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