- -39.5k prev revised down from -36.3k
- unemployment rate June 6.4% vs 6.4% exp vs 6.5% prev
- lowest rate since 0ct-dec 2008
- UK unemployment fell by 132,000 to 2.08 million in the three months to June
- average weekly earnings 3month y/y June -0.2% vs -0.1% exp vs +0.4% prev revised up from +0.3%
- ave weekly earnings ex bonus 3month y/y June +0.6% vs +0.7% exp/prev
Weaker wage growth the key here as expected and I highlighted earlier. First weekly fall since 2009 although June’s reading on its own was +0.4%. Lowest ex-bonus reading on record
GBPUSD down to 1.6794 before finding some buyers ahead of the 1.6785-90 bids
EURGBP testing above 0.7950 but currently 0.7949
UK jobs and wages detail
