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7th May 2024 17:50UKDaily Monitor

  • We expect PAYE employment to rise 20K in April, and March’s fall to be revised smaller.
  • The jobless rate should rise to 4.3%, and private-sector regular pay will gain 0.4% month-to-month.
  • Wages will likely beat the MPC’s forecast but preserve the picture of a gradually easing labour market.

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Keywords for: 9 May 2024 UK Monitor

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