Analysts at TD Securities point out that this morning’s UK labour market data for May was exactly in line with consensus as the unemployment rate held at 4.2% for the 4th month in a row, while headline wage growth came in at 2.5% y/y. Key Quotes “The underlying wage data was a bit more upbeat though, with private sector regular pay holding steady at 2.9% y/y and momentum as measured by the 3m/3m rate accelerating after a couple of softer months.” “UK vacancies hit their highest level since records began in 2001, supporting the story of labour market shortages that we’ve seen in a few other places, and suggesting that wage growth should continue to be well-supported.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR futures: further upside appears limited FX Street 5 years Analysts at TD Securities point out that this morning's UK labour market data for May was exactly in line with consensus as the unemployment rate held at 4.2% for the 4th month in a row, while headline wage growth came in at 2.5% y/y. Key Quotes "The underlying wage data was a bit more upbeat though, with private sector regular pay holding steady at 2.9% y/y and momentum as measured by the 3m/3m rate accelerating after a couple of softer months." "UK vacancies hit their highest level since records began in 2001, supporting the story of labour market shortages that… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
