Details of the February 2017 UK labour market data report 15 March 2017
– Jan ILO unemployment rate 4.7% vs 4.8% exp. Prior 4.8%
– Jan average weekly earnings 2.2% vs 2.4% exp 3m y/y. Prior 2.6%
Good on the claims and unemployment but softer on the wages. The jobless rate is now at the lowest since 1975.