Vacancy

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Vacancy

A job that has not been filled. A job vacancy may occur when an employee quits or is terminated or when a company creates a new position. A large number of job vacancies in an area may indicate that unemployment is about to decline or that workers have sufficient job security to hold out for higher wages or other benefits. Alternatively, vacancies may indicate that the workforce is poorly trained for what needs to be done. See also: Help-Wanted Index.

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Vacancy