UK Labor Market Could Be Showing Tentative Signs of Softening

UK Labor Market Could Be Showing Tentative Signs of Softening
0803 GMT – U.K.’s labor market data for April and May suggest that worker shortages aren’t actively getting worse, ING developed markets economist James Smith says in a note. The sharp rise in vacancies seen in 2H 2021 seems to be peaking, and the single-month data showed a decline in employment for April, he says.

Read the source article at ADVFN
2022-06-14 08:34:00