• Prior -37.2k. Revised to -33.2k
  • August ILO unemployment rate 6.0% vs 6.1% exp. Prior 6.2%
  • August average weekly earnings 3m y/y 0.7% vs 0.7% exp. Prior 0.6%
  • Ex-bonus 3m y/y 0.9% vs 0.8% exp. Prior 0.7%. Revised to 0.8%
  • August employment change 3m/3m 46k vs 30k exp. Prior 74k

A slowing in amount of people coming off the unemployed list and still nothing to write home about on wages but the tick up in pay ex-bonuses is a step in the right direction. Nothing inflationary to worry about here though.

UK wages 15 10 2014

UK wages 15 10 2014

UK ILO unemployment rate 15 10 2014

UK ILO unemployment rate 15 10 2014