UK unemployment rates remains unchanged at 4.3%
Salaries excluding bonuses increased by 5.2% between August and October this year
Salaries excluding bonuses increased by 5.2% between August and October this year
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Wage growth slows but unemployment rate decreases
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Unemployment levels came in 20 basis points lower than the Bank of England’s forecast
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The 2% uptick in real earnings ‘will be of concern to the Bank of England’
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ONS warns figures are ‘likely to be revised when more data is received next month’
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Mixed data ‘muddies the waters’ for the Bank of England
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60 basis points below the ONS’s growth figures released last month
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Markets are still expecting the Bank to strike a more dovish tone in 2024
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Pay growth, excluding bonuses, further eased to 7.3% in October
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Wage growth excluding bonuses eased to 7.7%
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7.8% increase between June and August
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Joblessness edged up by 0.1% in August to 4.3%
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