UK Jobs Preview: Expect quarterly gain in employment of 85K – Capital Economics

Analysts at Capital Economic offer a sneak peek at what to expect from today’s UK labor market report due to be released at 0930 GMT.

Key Quotes:

“Jobs growth continued, expect a quarterly gain in employment of 85K, annual rate at 1%. ...  unemployment rate 4.3%.

Pay growth has gained further momentum (a rise from 2.5% to 2.7% in the headline (three-month average) measures of average earnings).”