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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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.