UK unemployment rate to hold steady at 4.3% in November – TDS

Analysts at TDS are looking for the UK unemployment rate to hold steady at 4.3% in November for the 5^th month in a row.

Key Quotes

“If we’re correct, then this would actually be the first time since early 2013 that the UK has gone for such a long period without a fall in the unemployment rate. For wage growth, we could see the headline figure slip a tenth lower to 2.5% y/y, though still remaining at one of its highest levels of 2017. We could finally see real wage growth turn positive again sometime in the first half this year.”