UK jobs: Core earnings growth likely to accelerate mildly - Barclays

Dhwani Mehta FXStreet

The Barclays Research Team offers a sneak peek into Wednesday’s UK labor market report that will be released at 0930 GMT.

Key Quotes:

“We expect the unemployment rate to be unchanged at 4.4%. The marginal decline in January's claimant count remains consistent with the current rate. Core earnings growth is likely to accelerate mildly. Wage pressures indicated in recent surveys are likely to feed in with a lag over the coming months.“

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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