Ryan has posted an excellent preview here
I have little to add apart from re-iterating that the miracle cure in our jobs market has largely been down to more jobs with less hours and of course less hours means less pay so is it a real indicator of sustained growth? Not really
Market focus will/should be on the average earnings data which Carney & Co have previously, quite rightly, highlighted as a major concern and a large component in interest rate hike discussions
I’m not expecting any real positives from this data but if so I’ll be happy to sell GBP rallies ( yep, boring I know but currently still effective nonetheless)
GBPUSD currently 1.5895 EURGBP 0.7961
Here’s what markets are expecting
UK jobs and earnings forecasts 15 Oct
