Home Forex UK October payrolls change 33k vs -11k prior

UK October payrolls change 33k vs -11k prior

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UK October payrolls change 33k vs -11k prior

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  • Prior -11k; revised to 32k
  • September ILO unemployment charge 4.2% vs 4.3% anticipated
  • Prior 4.2%
  • September employment change +54k vs -198k anticipated
  • Prior -82k
  • September common weekly earnings +7.9% vs +7.4% 3m/y anticipated
  • Prior +8.1%; revised to +8.2%
  • September common weekly earnings (ex bonus) +7.7% vs +7.7% 3m/y anticipated
  • Prior +7.8%; revised to +7.9%

The excellent news right here is that UK labour market situations are seen holding up on this newest snapshot, though there are some caveats to the info as famous right here. The jobless charge stays regular whereas wages knowledge proceed to run sturdy and the latter will hold the BOE on their toes in probably needing to tighten additional down the street.

This text was written by Justin Low at www.forexlive.com.

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