UK February jobless claims change -48.1k vs -31.9k prior

• Prior -31.9k

• January ILO unemployment rate 3.9% vs 4.0% expected
• Prior 4.1%
• January employment change -12k vs 23k expected
• Prior -38k

• January average weekly earnings +4.8% vs +4.6% 3m/y expected
• Prior +4.3%
• January average weekly earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term (ex bonus) +3.8% vs +3.7% 3m/y expected
• Prior +3.7%

The number of payrolled employees in the UK rose by 0.9% on the month, with early estimates showing a total of 29.7 million persons. That is a rise of 5.5% compared to the same period last year. The jobless rate continues to trend lower and that hints at further tightening, although total hours worked are still below pre-pandemic levels.

As for wages, base effects are still playing a role in skewing the data upwards but they aren't as extreme as compared to the start of the pandemic at least.