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On Labour Market Data Reliability, Bailey / Haskel repeat MPR message

BOE
  • Just like at the MPR press conference Bailey is saying the BOE uses a suite of models of labour market and points again to their composite measure they use.
  • He says that increasingly concerned about the volatility of the LFS.
  • Haskel says that due to the much higher response rate for the AWE survey means that survey is much more reliable than LFS.

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