UK jobs market report was released today at 7:00 am BST. Report was expected to show a slowdown in headline and core wage growth as well as a small drop in employment. Actual data came in-line with market expectations, when it comes to earnings growth, but surprised positively with an employment gain. GBP gained slightly following the release although the gain has been erased already.
UK, jobs market report for May
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app- Employment change (3-month/3-month): 19k vs 18k expected (-140k previously)
- Unemployment rate: 4.4% vs 4.4% expected (4.4% previously)
- Average earnings: 5.7% YoY vs 5.7% YoY expected (5.9% YoY previously)
- Average earnings excluding bonuses: 5.7% YoY vs 5.7% YoY expected (6.0% YoY previously)
- Employment change (for June): 16k vs -5k expected (-3k previously)
Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
