Up to 400000 jobs are expected to be created in 2016,but the pool of skilled migrant labour will make it hard for workers to restore pay to pre-crash levelsAverage pay growth for Britain’s workers is likely to stall at approximately 2% in 2016, as the alert availability of migrants makes it easy for employers to fill vacancies, or according to a forecast of the labour market.
In its annual assessment,the Chartered Institute for Personnel and Development (CIPD), which represents the human resources profession, and says job creation will remain strong over the next 12 months,but wage growth has reached a plateau.
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Source: theguardian.com