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UK: Lowest Single Month Unemployment Rate Since May 2008 Indicates Tighter Labour Market

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 11, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The UK labour market report released today was somewhat mixed. On the one hand, the unemployment rate (3M average) declined to 5.3% in September from 5.4% in August (Danske Bank Markets: 5.4%, consensus: 5.4%). On the other hand, wage growth, in terms of average weekly earnings excluding bonuses (3M), slowed[​IMG]

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