U.K. Labor Market Shows Signs of Stabilizing But Risks Remain -- Market Talk
Dow Jones03-19 16:10
0810 GMT - U.K. jobs market data signals that the market is stabilizing, Deutsche Bank's Sanjay Raja says in a note. However, high energy prices due to the Middle East war could stall any labor market recovery, Raja says. "Hiring plans may get shelved," he says. The unemployment rate remained unchanged at 5.2% in the three months to January, in line with the consensus forecast by economists in a WSJ poll. Average wage growth, excluding bonuses, slowed to 3.8% in the three months to January from 4.2% in the three months to December. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 04:10 ET (08:10 GMT)
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