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Wages still rising but gap is starting to narrow with inflation

Summary by britishchambers.org.uk
Responding to the latest labour market data, published by the ONS this morning, Jane Gratton, Deputy Director Public Policy at the British Chambers of Commerce said:   “This data suggests some loosening in the jobs market with vacancies staying below pre-pandemic levels and unemployment nudging up, but wage growth including bonuses remains strong.    “Although the pace of salary increases has slowed, they are still significantly above inflation.…
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britishchambers.org.uk broke the news in on Tuesday, May 13, 2025.
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