Welcome to Tuesday's Money Minute.
Employment is a lagging indicator. Other economic data shows signs of a slowing economy before anything shows up in the jobless figures. With other data pointing to a slowdown recently, investors will watch closely for signs that the labour market is weakening too.
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The other key figure to watch is wage inflation, which came in at 3.9% last time. It's expected to be a little lower than that today, at closer to 3.8%. A significantly higher reading could raise concerns about wider inflation at the Bank of England.
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State pension to rise 4.8% in April under triple lockThe full new state pension is set to reach £12,548 a year, reflecting the 4.8% wage growth measured under the triple lock. The bumper boost will raise questions about fairness and sustainability, while more pensioners could be hit with a tax bill
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Inheritance tax pension reforms will delay payments to grieving families and the taxmanThe government is pressing ahead with plans to charge inheritance tax on pensions but there are warnings that it will be harder for executors to administer an estate and pay HMRC
