MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI: GERMANY NOV UE RATE (SA) 6.1% (FCST 6.1%); OCT 6.1%

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

MNI BRIEF: Trump Tariffs To Push China, EU Cooperation - BOC

MNI: PBOC Net Drains CNY156.1 Bln via OMO Friday

MNI: ITALY NOV FLASH HICP +0% M/M, +1.6% Y/Y

MNI: EUROZONE NOV FLASH HICP +2.3% Y/Y

MNI: UK OCT M4 MONEY SUPPLY -0.1% M/M, +3% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: UK Jobs Market Buoyant As Unemployment Rate Falls

(MNI) London

The UK jobless rate fell to 3.8% in the December to February period, matching its lowest level since the fourth quarter of 2019. The rate, in line with analysts expectations, has not been lower since 1974. The decline came despite a smaller-than-forecast 10,000 rise in LFS employment; analysts had been expected a 52,000 increase.

The employment rate actually fell to 75.5% from 75.6% in the November to January period, while the inactivity rate increased to 21.4% from 21.3% previously.

The rising inactivity rate is largely due to increasing long-term sickness and retirement. Vacancies rose by 50,000 in the three months to March over the three months to December, hitting a record-high 1.288 million. That’s the lowest increase since the three months to April 2021.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
DataPolicy NewsData StoriesData BriefCEEMEABank Of England (BOE) Market NewsBriefUKStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
DataPolicy NewsData StoriesData BriefCEEMEABank Of England (BOE) Market NewsBriefUKStoryRegion
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.