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UK Labor Market Tightness Eases As Job Vacancies Fall

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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by Renju Jaya

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