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Outlook for wage ascend in UK cools
Hopes for higher wage surge across the United Kingdom are going down, except from in several sectors of the labor market, which suffer from acute skill shortages, as a report issued on Monday by recruitment company Hays states.
Difficulties experienced faced by the vast majority of UK employers in hiring the right staff declined versus 2016, although still staying high, as follows from Hays' annual Global Skills Index.
Earlier this month the BoE stuck to its view that wage surge will revive over the next few years because it signaled that it was about to lift interest rates already in November. It’s going to be the first time rate hike for more than 10 years.
However, official data has demonstrated that annual wage surge stuck approximately 2% notwithstanding UK unemployment rate diving to its lowest value for more than four decades.
IT, engineering as well as cyber security suffered the most from a shortage of skilled employees.
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
In this article, you'll find the list of the hottest stocks to trade on April 19-23, which will publish their earnings!
While Citigroup reports better-than-expected quarterly data, it is also aims at restructuring its global presence. What will be the impact?
What's moving markets on Friday? What is the hottest news? Let's find out!