Wage Growth Slows To 5.7% As Joblessness Rises Over The Year
The Guardian|July 19, 2024
UK wage growth slowed in May to the lowest level in two years amid a cooling jobs market, underscoring the challenge for the Bank of England as policymakers decide whether to cut interest rates.
- Richard Partington
Wage Growth Slows To 5.7% As Joblessness Rises Over The Year

Figures from the Office for National Statistics (ONS) show that annual pay growth eased from 5.9% in the three months to April to 5.7% in the three months to May, matching City economists' predictions.

Unemployment was unchanged from 4.4% in April, while the number of job vacancies fell by 30,000, led by dwindling demand in retail and hospitality amid a continued slowdown in hiring across the economy.

After a sharp fall in headline inflation, real wage growth taking into account the rising cost of living has strengthened. Total real pay, including bonuses, rose by 3% on the year in the three months to May. Growth was last higher in the three months to August 2021, when it was 4.5%.

この蚘事は The Guardian の July 19, 2024 版に掲茉されおいたす。

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この蚘事は The Guardian の July 19, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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