UK unemployment rose to 3.9% in the three months to January, slightly above expectation of staying at 3.8%. Average earnings excluding bonus grew 3.1% 3moy, slowed form 3.2% and missed expectation of 3.3%. Average earnings including bonus, on the other hand, rose 3.1% 3moy, rose 2.9% and beat expectation of 3.0%.
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