UK unemployment falls slightly but pay growth slows
https://www.bbc.co.uk/news/articles/c2l1000q4ywo
Posted by Tartan_Samurai
UK unemployment falls slightly but pay growth slows
https://www.bbc.co.uk/news/articles/c2l1000q4ywo
Posted by Tartan_Samurai
7 Comments
You won’t see much pay growth with immigration at record levels.
Forcing minimum wage up ahead of inflation will strange the bottom end of the job market.
The employment rate is dropping, so it seems like there’s more going on here.
Those are contradictory pressures. If more people who want to work are on employment, it should cost more money to convince people to work for you.
Workers are being ripped off
Is the unemployment rate lower because people have gone on holiday and stopped their claim of a paltry sum per week, or because they actually found a job?
Don’t worry, Labour will fix everything by not investing in the UK properly and playing the blame game instead of having useful beneficial policies they actually stick with that will grow the economy and UK infrastructure to actually cope with all the people living here.
And yet benefits claimed increased by 135k compared to the estimate of 14.5k.
Thinking higher paying jobs are being axed and an increase in GIG jobs.