UK unemployment rate likely stayed at 5.1% - TDS

Research Team at TDS, expects that the UK unemployment rate likely stayed at 5.1% for the fourth consecutive month as the labour market has stabilized.

Key Quotes

“Noisy bonuses to push headline wage growth around considerably, but the key private sector regular pay growth measure is likely to come in at 2.3% 3m/y, a tick lower than in the 3m to Jan.”