January 2015 UK labour market report claimant count -38.6k vs -25.0k exp

  • Prior -29.7k. Revised to -35.8k
  • Dec ILO unemployment rate 5.7% vs 5.8% exp. Prior 5.8%
  • Average weekly earnings 3m y/y 2.1% vs 1.7% exp. Prior 1.7%. Revised to 1.8%
  • Ex-bonus 1.7% vs 1.8% exp. Prior 1.8%

Wages are starting to take off now and that's a very good drop in claims and revisions

Alongside the MPC minutes it's bullish news for the pound

Best in 2026

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