November 2018 UK labour market report 11 December 2018
- Claimant count 21.9k vs 20.2k prior
- Oct ILO unemployment rate 4.1% vs 4.1% exp. Prior 4.1%
- Average weekly earnings 3.3% vs 3.0% exp 3m y/y. Prior 3.0%
- Ex-bonus 3.3% vs 3.2% exp. Prior 3.2%
- Employment change 79k vs 25k exp 3m/3m. Prior 23k
Good jump in employment and wages. GBPUSD rises to 1.2639 from 1.2625. The data is going to take second fiddle to Brexit though so don’t be expecting the BOE to react until that picture has cleared.
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