NewsBot
15-Nov-23, 09:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Pay Growth Is Cooling Rapidly Amid A Murky Outlook For Employment
Private sector pay growth has almost halved in recent months, suggesting that higher interest rates are bringing about a turn in the labour market, the Resolution Foundation said today (Tuesday) in response to the latest data. Headline nominal regular average weekly earnings grew by 7.7 per cent on the year - down on the previous months but still high by historic standards. [Read Full Article (https://caithness-business.co.uk/article/21921)]
Pay Growth Is Cooling Rapidly Amid A Murky Outlook For Employment
Private sector pay growth has almost halved in recent months, suggesting that higher interest rates are bringing about a turn in the labour market, the Resolution Foundation said today (Tuesday) in response to the latest data. Headline nominal regular average weekly earnings grew by 7.7 per cent on the year - down on the previous months but still high by historic standards. [Read Full Article (https://caithness-business.co.uk/article/21921)]