Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jun 11, 2019

U.K. Labor Market Is Robust Despite an Expected Wobble

(Bloomberg) -- The U.K. lost jobs in the three months through April and pay growth eased, figures Tuesday may show. But the labor market is not about to crack under the pressure of Brexit uncertainty, according to Bloomberg Economics. The loss of momentum reflects sampling volatility and unemployment is expected to remain at a 44-year-low of 3.8%, enough to worry inflation hawks at the Bank of England.

To contact the reporter on this story: Andrew Atkinson in London at a.atkinson@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, David Goodman, Jill Ward

©2019 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search