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.
JUN UNEMPLOYMENT RATE 4.7% (APR 4.8%)
JUL CLAIMANT COUNT -7,800 TO 5.7% (JUN 5.8%)
APR-JUN AVG TOTAL EARNINGS 8.8% vs 6.6% MAY
APR-JUN AVG EARNINGS EX-BONUS 7.4% VS 7.3% MAY
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UK employment levels continued to pick up in the three months to June, with the unemployment rate down to 4.7%. The more up-to-date RTI payroll employee number rose 182,000 between June and July to 28.9 million, now 201,000 below Feb 2020 levels. Average hours worked rose 1.5 to 31.0 in the three months to June.
There were a record 953,000 vacancies on average in the last three month period, with over 1 million recorded for the first time in July for the first time, touching 1,000,034 - up 50,000 on the month.
The strong growth in wages was again cautioned with the proviso of including both base and compositional effects, the ONS said.
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.