Latest UK wages/jobs data now out

  • +3.0% prev
  • weekly earnings ex bonus 2.0% vs +2.3% exp vs +2.4% prev rev down from +2.5%
  • Nov claimant count rate +2.3% as exp/prev
  • Unemployment rate 5.2% vs 5.3% exp/prev
  • employment change +207k vs 150k exp vs 177k prev

Softer wages data being tempered by better jobs release

GBPUSD back to 1.5004 from a test of 1.4985 support/bids

EURGBP back to 0.7275 after another failure into 0.7300

Full report from the ONS here