"The UK unemployment rate rose from 4% to 4.3% in September, but the rise should be viewed cautiously due to data issues from the Office for National Statistics."
"Chancellor Rachel Reeves' decision to increase the minimum wage and national insurance contributions will be closely monitored, but impacts will take months to assess."
"The labour market is showing signs of cooling, as demonstrated by a decline in payroll numbers and a decrease in job vacancies compared to their pre-pandemic levels."
"Average earnings growth increased from 3.9% to 4.3%, but annual comparisons are skewed by one-off payments made to civil servants in summer 2023."
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