UK Jobs Data Is Weak, But Not Yet Weak Enough
The latest UK employment data still doesn’t definitively tell us whether employment is cooling or collapsing.
A sign advertising jobs at the UK Careers Fair in London.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Welcome to the multi-award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
We got the latest on the UK jobs market from the Office for National Statistics (ONS) this morning.