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2nd Jun 2025 17:26UKDaily Monitor

  • We expect the initial estimate of May payrolls to show a 26K month-to-month decline.
  • LFS unemployment will likely tick up to 4.6% in April, and LFS employment should gain 48K.
  • We expect year-over-year whole-economy AWE ex-bonus growth to fall to 5.3% in April, from 5.6%.

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Keywords for: 4 June 2025 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence