So along with the normal labour market......>

UK DATA: So along with the normal labour market data, the ONS released a flash

estimate of the number of employees on a PAYE payroll.

- "Early estimates for April 2020 indicate that there were 28.6 million paid

employees, a fall of 1.2% on the same time in the previous year, a decline of

348,000 people. Compared with the previous month, the number of paid employees

fell by 1.6% in April 2020."

- Median monthly pay fell 0.9% in April vs March.

- So a fall in the number of employees in the region of 450k in April? However,

important note... First, employees who received any pay in April should be

included in this - they could have lost their job during the month and the

856.5k jobless claims number for April suggests this could well be the case.

Second, employees on notice could also have been paid even if they knew they

were losing their job. Third, the ONS still report this as "experimental" data -

so it isn't as robust as data they class as a national statistic.