Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

14th Sep 2021 16:15U.K., Economic Monitor

  • Payroll employee numbers returned in August to their pre-Covid peak, but will dip in Q4, after furlough ends.
  • We expect the unemployment rate to rise to 5.0% in Q4, from 4.5% in Q3; slack within firms will build too.
  • Three-month-on-three-month annualised growth in wages fell to 3.2% in July; slack will keep it in check.

August average wage bank rate bonuses businesses economic activity employee numbers employees employment February growth income inflation January jobs July labour labour force labour market markets mpc paye payroll q4 remain survey unemployment unemployment rate wage growth wages

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right

Access Key Enabled Navigation

Keywords for: 15 Sept 2021 Wages Likely Won't Match Inflation as Slack Builds Post-Furlough

August, average wage, bank rate, bonuses, businesses, economic activity, employee numbers, employees, employment, February, growth, income, inflation, January, jobs, July, labour, labour force, labour market, markets, mpc, paye, payroll, q4, remain, survey, unemployment, unemployment rate, wage growth, wages, Pantheon Macro, Pantheon Macroeconomics, independent macro research independent research, ian shepherdson, economic intelligence