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7th Nov 2023 19:20UK, Daily Monitor

  • On balance, survey indicators suggest payroll employee numbers merely held steady in October...
  • ...This implies the claimant count rose, given further workforce growth, but it is an imperfect unemployment gauge.
  • Month-to-month growth in average weekly wages likely slowed in September, despite public-sector pay deals.

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Keywords for: 9 November 2023 UK Monitor

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