UK payrolled employment rises 21k in Feb, unemployment rate unchanged at 4.4% in Jan

In February, UK payrolled employment rose by 21k (0.1% mom). However, median monthly pay growth slowed to 5.0% yoy from 6.0%, reinforcing signs that wage pressures are gradually easing. However claimant count, surged 44.2k, far exceeding expectations of 7.9k. In the three months to January, unemployment rate remained unchanged at 4.4%, slightly better than the […]

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