UK March jobless claims came in at 73,700 versus a median forecast of 116k. The ILO jobless total rose 177k to 2.1 mln in the 3 months to February for a rate of 6.7%, which was exactly as expected.
Average earning for the 3 months to February came in at +0.1% y/y, much weaker than the median forecast of +1.5% and the weakest on record.
