UK jobs: Core earnings growth is likely to accelerate mildly - Barclays

The Barclays Research Team offers a sneak peek into Wednesday’s UK labor market report that will be released at 0930 GMT.

Key Quotes:

“We expect the unemployment rate to be unchanged at 4.4%. The marginal decline in January's claimant count remains consistent with the current rate. Core earnings growth is likely to accelerate mildly. Wage pressures indicated in recent surveys are likely to feed in with a lag over the coming months.“