The RF Earnings Outlook Q1 2016

Overshadowing the latest outturn data for the labour market, and our picture of the UK economy more widely, is the UK’s decision to leave the EU. It will take some time before the effects of this decision make themselves felt in the hard economic data, but a detailed look at the pre-referendum jobs market can provide clues as to how future adjustments might pan out.

In this regular briefing we use 13 key indicators to take a more detailed look at underlying trends and prospects for the future.