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U.K. Labor Market Is Robust Despite an Expected Wobble
U.K. lost jobs in the three months through April. But the market is not about to crack under the pressure of Brexit uncertainty.
11 Jun 2019, 03:34 PM IST 
A worker monitors boxes of the Nescafe Dolce Gusto Grande Intenso coffee pods traveling along the production line at the Nescafe factory, operated by Nestle SA, in Tutbury, U.K. (Photographer: Simon Dawson/Bloomberg)
(Bloomberg) -- The U.K. lost jobs in the three months through April and pay growth eased, figures Tuesday may show. But the labor market is not about to crack under the pressure of Brexit uncertainty, according to Bloomberg Economics. The loss of momentum reflects sampling volatility and unemployment is expected to remain at a 44-year-low of 3.8%, enough to worry inflation hawks at the Bank of England.
To contact the reporter on this story: Andrew Atkinson in London at a.atkinson@bloomberg.net
To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, David Goodman, Jill Ward
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