In December 2023, UK job vacancies dropped sharply, marking a cooling labor market and potential difficulty for jobseekers.

In the UK, job vacancies dropped by the largest amount in over three years in December 2023, reflecting a cooling labor market. This marks a potential difficult year for jobseekers. The decline may help to alleviate the persistent inflationary pressures the Bank of England has been attempting to control.

January 28, 2024
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