UK Job Vacancies Fall by Most in Three Years in Sign Labor Market Is Cooling

01/29/2024 10:56
UK Job Vacancies Fall by Most in Three Years in Sign Labor Market Is Cooling

Job vacancies in the UK fell by the most in more than three years in December, another sign a red-hot labor market is cooling.

Job vacancies in the UK fell by the most in more than three years in December, another sign a red-hot labor market is cooling.

Figures in latest Job Market Report published by online portal Adzuna showed advertised vacancies declined 6.95% in December, the largest drop since June 2020. Early data suggests January will see a similar sized fall, marking what could be the start of difficult year for jobseekers, Adzuna said.

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