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.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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.
-
Lasting power of attorney rejections soar 200% costing families £5 million – how to get it rightReasons for lasting power of attorney applications being rejected include human error but can also be due to the inconsistent views of those reviewing the application.
-
UK inflation live: UK inflation fell to 3.6% in OctoberToday's ONS inflation data release confirms the Bank of England's assumption that inflation would fall after September. More analysis and reaction to follow.
