UK pay growth rises 6% despite job loss warnings after Reeves’s budget
Unemployment rate unchanged in three months to December, while vacancies increased in JanuaryBusiness live – latest updatesUK workers’ pay grew sharply in the final quarter of last year and unemployment remained unchanged despite warnings from business that Rachel Reeves’s autumn budget would lead to job losses.Figures from the Office for National Statistics (ONS) show annual growth in total average weekly earnings rose by 6% in the three months to the end of December, up from November’s equivalent reading of 5.6% and above a 5.9% forecast made by City economists. Continue reading...
Unemployment rate unchanged in three months to December, while vacancies increased in January
UK workers’ pay grew sharply in the final quarter of last year and unemployment remained unchanged despite warnings from business that Rachel Reeves’s autumn budget would lead to job losses.
Figures from the Office for National Statistics (ONS) show annual growth in total average weekly earnings rose by 6% in the three months to the end of December, up from November’s equivalent reading of 5.6% and above a 5.9% forecast made by City economists. Continue reading...
What's Your Reaction?
