Wage growth slowed to its lowest for more than two years as the rate of unemployment also surprisingly dropped, according to the Office for National Statistics yesterday.
The statisticians revealed that regular wage growth was 5.4% year-on-year over the three months to June.
This slipped from 5.7% in the previous three months and represented the smallest increase since the period to July 2022.
Reeling
Analysts suggested that, with wage growth still higher than 2.5% and inflation, currently 2% but predicted to rise to 2.3%, this figure will likely be what is used to "uprate" the state pension under the triple lock.
Denne historien er fra August 14, 2024-utgaven av Daily Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra August 14, 2024-utgaven av Daily Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
No one is afraid to tackle the boss now
GEORGE ON LIFE AFTER JONES 'DICTATORSHIP'
ACE HAS HILL TO CLIMB
JEREMY SCOTT is lining up stable star Golden Ace for a potential clash with all-time great hurdler Constitution Hill.
Serial abuser went to better relationships course before fatally beating his girlfriend
A SERIAL domestic abuser finished murdering his girlfriend after attending a probation service course on \"building better relationships\", a court heard.
STRICTLY SPEAKING I DON'T MISS THE PRESSURE!
Beloved pro-dancer Kevin Clifton bowed out of the hit show after finally lifting the Glitterball trophy in 2018. Now he's bringing the razzle dazzle as slick defence lawyer Billy Flynn in Chicago... so sue him, but he couldn't be happier
It's the 1940s at the end of my garden
Home front fan builds air raid shelter for man cave
Drones blitz Kyiv hours after Zelensky's 'great' Trump call
RUSSIA bombarded Ukraine with drones just hours after Volodymr Zelensky had a \"great\" phone call with Donald Trump.
'Catastrophic levels' of drugs, violence and rats blight prison
PRISON chiefs have announced action over drone-delivered drugs and a giant rat infestation at a jail that has housed some of Britain's most notorious killers.
Half want low carbon heating but don't know enough about it
Eco system baffling Britons
'Reverse crippling tax bill on family farmers'
MPs and industry groups join forces to pile pressure on Chancellor
Zara faces paying up for Princess Royal's residence
PRINCESS Anne's children face paying a huge bill when they inherit their mother's home, thanks to Rachel Reeves' tax changes.
