- Prior -36.7
- November ILO unemployment rate 7.1% vs 7.3% exp. Prior 7.4%
- Nov average weekly earnings 0.9% vs 1.0% exp. Prior 0.9%
- Ex-bonus 0.9% vs 1.0% exp. Prior 0.8%
Cable smashing through 1.65 to 1.6534 as the unemployment drops dramatically towards the BOE threshold of 7.0%. That’s going to get the interest rate bunnies all excited.
Employment for the quarter rose 280K and the biggest ever quarterly rise bringing employment to 72.1%
It’s a mixed bag in the full time, part time numbers. Full time increased by 137k in the quarter, part time +143k.
UK labour report 22 01 2014
