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BREAKING: Sterling drops after worse labor weekly earnings data

8:03 AM 16 January 2024

UK ILO Unemployment Rate Nov: 4.2% (prev 4.2%)

- Employment Change Nov: 73K (prev 50K)

- Average Weekly Earnings 3M (Y/Y) Nov: 6.5% (est 6.8%; prev 7.2%)

- Weekly Earnings Ex Bonus 3M (Y/Y) Nov: 6.6% (est 6.6%; prev 7.3%)

Source: xStation

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