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Free AccessUnemployment Unchanged; Employment At High..>
UK DATA: Unemployment Unchanged; Employment At Record High
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- SEP-NOV LFS JOBLESS RATE 3.8% VS 3.8% AUG-OCT
- SEP-NOV AVG TOTAL EARNINGS +3.2% VS +3.2% PRIOR; REAL +1.6%, vs 1.5%
- SEP-NOV AVG EARNINGS EX-BONUS +3.4% VS +3.5% OCT
- SEP-NOV REAL EARNINGS EX-BONUS +1.8%, vs +1.8% PREV
- SEP-NOV LFS JOBS +208,000 TO RECORD HIGH 32.901MN
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UK jobs data was in line with market expectations, as jobless rate
remained unchanged in Nov, recording 3.8% for a third straight month.
The overall employment rate ticked up again to 76.3%, reaching its
highest level on record, boosted by rising employment of women in
full-time work. Self-employment showed a sharp increase as well in Nov,
sitting above 5mln for the first time. Total AWE remained at Oct's 3.2%,
while regular earnings (ex-bonus) slowed further in Nov to 3.4%. With
inflation at weak levels, real earnings continue to grow.
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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.