Newest information launched by ONS – 23 February 2021

  • Prior 7.0k; revised to -20.4k
  • Claimant rely price 7.2%
  • Prior 7.4%; revised to 7.3%
  • December ILO unemployment price 5.1% vs 5.1% anticipated
  • Prior 5.0%
  • December employment change -114ok vs -30ok anticipated
  • Prior -88ok; revised to -84ok
  • December common weekly earnings +4.7% vs +4.1% 3m/y expeccted
  • Prior +3.6%
  • December common weekly earnings (ex bonus) +4.1% vs +4.0% 3m/y anticipated
  • Prior +3.6%

Slight delay within the launch by the supply. UK jobless claims fell in January although it’s laborious to achieve a lot into the drop given how the information has largely been distorted by the furlough scheme that’s set to run till the tip of April – for now no less than.

Employment situations mirrored one other drop – its eight consecutive fall within the three months to December. In the meantime, wages proceed to mirror a stronger bounce however that’s because of the fall within the proportion of lower-paid jobs in comparison with pre-pandemic situations.

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