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12th Jul 2022 15:18U.K., Daily Monitor

We think employment grew at a steady 0.5% threemonth-on-three-month pace in May.

But expect even faster growth in the workforce to mean that the unemployment rate edged up again.

Surveys suggest wage growth had no more momentum in May than in prior months.

composite pmi consumer confidence cpi cpi inflation employment employment growth headline rate job market June labour labour force labour market May mpc paye payroll pmi q2 savings unemployment unemployment rate wage growth wages

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Keywords for: Expect More Signs of a Loosening Labour Market Next Week

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