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UK Jobless Claims Will Keep BOE Dovish - Looking at Reaction

posted by Avatar FXTimes 315 days ago in GBP, Fundamental, Employment made popular 314 days ago

The importance of this report is that the UK economy is showing a fragile recovery amid government austerity measures - which includes cutting the government payrolls by 300K jobs. A deteriorating labor market will only add strain the already weak domestic demand, which puts pressure on businesses. The weak UK datastream has caused the Bank of ...
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