Free Trial
US

FED Reverse Repo Operation

GBPUSD TECHS

Hammer Candle Formation?

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI INTERVIEW (RPT): UK Jobs Mkt Risks "Wile E. Coyote" Plunge

(MNI) London

The UK jobs market may still appear buoyant, but it risks a sharp correction as the economy slows, a former senior BOE researcher tells MNI.

(Repeats article first published on July 21)

The UK risks a sudden surge in joblessness as firms which have kept hiring despite deepening pessimism among businesses and consumers encounter a “Wile E. Coyote” moment and stop recruitment, the Bank of England’s former head of international research Greg Thwaites told MNI.

Keep reading...Show less
567 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

(Repeats article first published on July 21)

The UK risks a sudden surge in joblessness as firms which have kept hiring despite deepening pessimism among businesses and consumers encounter a “Wile E. Coyote” moment and stop recruitment, the Bank of England’s former head of international research Greg Thwaites told MNI.

Keep reading...Show less