(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.)
Wednesday's British pay data showing wages rose only 1.9 percent in the fourth quarter could well be the straw that broke the camel's back for anyone still expecting the Bank of England to raise interest rates anytime soon.
Millions of Latin Americans risk losing their jobs as a consequence of the region's economic downturn. Job losses are already piling up in Brazil, mired in its worst recession in generations, and look increasingly likely in other countries, according to a research report by UBS.
U.S. non-farm payroll numbers came in well below forecast on Friday but may not have tolled the death knell on a September date for the first Federal Reserve rate hike in almost a decade.
Brazil's monthly inflation rate eased below 1 percent for the first time this year in April and inflation expectations for 2016 have dropped for the first time in two and a half months.