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  • UK claimant count change arrived at -15.1K in April.
  • The unemployment rate in the UK dropped to 4.8% in April.
  • The UK  wages  excluding bonuses rose by 4.6% YoY vs. 4.6% expected.

 

more to come ….

About UK jobs

The UK Average Earnings released by the  Office for National Statistics  (ONS)  is a key short-term indicator of how levels of pay are changing within the UK economy. Generally speaking, the positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

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