• 11/10/2024

U.K. Wages Ease Less Than Expected

Wall Street Journal

Average pay growth was 6.2% in the fourth quarter while unemployment unexpectedly ticked down, signalling a stubbornly tight labor market and reflecting inflationary pressures as the BOE weighs when to start cutting interest rates.

https://www.wsj.com/articles/u-k-labor-market-remains-tight-as-unemployment-unexpectedly-falls-f6c12c3b