UK labour market remains in a puzzling state - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Research Team at TDS, sees balanced risks around the labour report.

    Key Quotes

    “Both TD and consensus looking for the unemployment rate to notch down a tick to 5.0% while the 3M/yoy ex-bonus wage growth measure decelerates to 1.8%. The UK labour market remains in a puzzling state, with continued erosion of slack but falling wage momentum.”
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