The weakening jobs market is finally affecting pay packets, with wage growth in the private sector slowing sharply over the summer according to the Resolution Foundation in response to the latest ONS labour market statistics. The number of payrolled jobs was little changed in August with a small rise of 10,000 compared to July and…
Read moreWeekly wages have increased by just £16 in 14 years when inflation is factored in according to research from living-standards thinktank the Resolution Foundation. The research found that despite the welcome return of strong real wage growth in recent months, three shocks to pay packets in a little over a decade – the financial crisis,…
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