Week in Review - 18th March, 2011

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↓ Labour Market StatisticsThe ILO measure of unemployment rose by 27,000 over the quarter to 2.5 million: the three-month unemployment rose to 8.0%. After rising last month, the claimant count measure of unemployment – which records the number of people claiming Job Seekers' Allowance – fell back by 10,200 to 1.45 million. The claimant count rate remains at 4.5%. There are 128,100 fewer claimants than at this point last year.
↑ Bank of England inflation expectationsMedian expectations for inflation over the next 12 months rose to 4.0%, from 3.9% in November 2010. They are now at their highest level since August 2008.
The week ahead
Tue 22nd: CPI; Public Sector Finances
Wed 23rd: EEF Pay Settlements; MPC Minutes
Thu 24th: Retail Sales


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