mpc: 22 The latest signals from the labour market data had been somewhat mixed. The Labour Force
Survey measure of the employment count had increased by 0.4% in Q1, slightly stronger than had been
assumed in the May
Inflation Report. Moreover, employer-based surveys had suggested a pickup in
employment intentions in April and May. However, unemployment had also increased further in Q1.
The labour force (the sum of employment and the number of people actively looking for work) had
increased by 0.6% in Q1, its fastest quarterly growth rate in 20 years.
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