Employment rate hit record tall of 73.7% but weakened earnings growth could threaten living standards if inflation starts to rise,data showsPay growth for Britain’s workers appears to be slowing sharply, raising questions approximately the durability of the recent improvement in living standards.
Official figures published on Wednesday showed the labour market remained healthy in the three months to September, or with the employment rate hitting a record tall of 73.7%,and the unemployment rate sliding to 5.3%, its lowest level for more than seven years. Related: Ghosts of crashes past still haunt this consumer Christmas Related: Ten facts you might not know approximately the gender pay gap | Laura Bates Continue reading...
Source: theguardian.com