Tuesday, November 13, 2018

Wages ...swings and roundabouts

Wages rose at the fastest pace in nearly a decade in the three months to September, Office for National Statistics (ONS) figures show.
Compared with a year earlier, wages excluding bonuses, rose by 3.2% - the biggest rise since the end of 2008 and up slightly on the previous quarter.
However, the ONS warned that real wage growth was below the 2015 level.
Adjusting for inflation, average weekly earnings increased by 0.9% excluding bonuses.

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