UK: Jobs data favour rates remaining on hold - ANZ

Research Team at ANZ, suggests that the latest UK jobs data hold no immediate policy implications and favour rates remaining on hold.

Key Quotes

“The UK labour market report showed the post-Brexit job market remains firm with jobless claims rising only a modest 9.8k in October. September unemployment fell to 4.8% vs 4.9%. However, jobs growth slowed in the three months to September, easing to 49k vs 108k in the three months to August.”