BOE chief economist lambasts ONS over poor jobs data quality ...Middle East

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BOE chief economist lambasts ONS over poor jobs data quality
This is something I've highlighted with each and every UK labour market report, as seen with the latest one here. And it is something that has persisted for a year already now. In case you missed some of the posts about that:Heads up: UK labour market data later this month will have a similar caveat (November 2023)ONS says January labour market data to continue to use recent adjusted series (January 2024)There are still issues plaguing labour market data transformation - ONS (July 2024)In a time when the BOE is trying to make key decisions on policy, the lack of accuracy in something as crucial as labour market data is rather damning.That has now seen BOE chief economist, Huw Pill, be rather

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