Wage growth has fallen sharply from 7.3% to 6.6%, while vacancies dropped further in the longest run of declines on record.
The Office for National Statistics (ONS) said private sector regular earnings, excluding bonuses, rose by 6.6% in the three months to November.
Meanwhile, the estimated number of vacancies in the UK fell by 49,000 to 934,000 between October and December, marking the 18th time in a row they have dropped.