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About Us & RulesUK WAGES FALL FOR THE FIRST TIME SINCE 2009
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UK WAGES FALL FOR THE FIRST TIME SINCE 2009
by Guest Wed Aug 13, 2014 10:07 am
Breaking News: Wages, including bonuses, drop by 0.2% in April-June
This chart from Bloomberg confirms that UK wages have suffered their first fall since the depths of the financial crisis:
Inc bonuses, wages fell 0.2% in the year to June. First time in negative territory since recession of 2009
http://www.theguardian.com/business/live/2014/aug/13/uk-unemployment-and-bank-of-england-inflation-report-business-live
This chart from Bloomberg confirms that UK wages have suffered their first fall since the depths of the financial crisis:
Inc bonuses, wages fell 0.2% in the year to June. First time in negative territory since recession of 2009
http://www.theguardian.com/business/live/2014/aug/13/uk-unemployment-and-bank-of-england-inflation-report-business-live
Guest- Guest
Re: UK WAGES FALL FOR THE FIRST TIME SINCE 2009
by Tommy Monk Wed Aug 13, 2014 7:50 pm
Higher employment, lower unemployment, economy growing faster than forecasts and....
"...average wages excluding bonuses rose by 0.6% in the year to June..."
http://www.bbc.co.uk/news/business-28768552
Although high immigration is driving up costs of living and keeping wages down, and has been for years.
"...average wages excluding bonuses rose by 0.6% in the year to June..."
http://www.bbc.co.uk/news/business-28768552
Although high immigration is driving up costs of living and keeping wages down, and has been for years.
Tommy Monk- Forum Detective ????♀️
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Join date : 2014-02-12
Re: UK WAGES FALL FOR THE FIRST TIME SINCE 2009
by Guest Wed Aug 13, 2014 10:54 pm
Wage growth in shock collapse as unemployment rate continues to fall
Average weekly earnings contract for first time in seven years amid buoyant jobs market
Wage growth suffered a shock collapse between April and June, even as the unemployment rate fell further, official figures showed on Wednesday.
Average weekly earnings dropped 0.2pc in the three months, compared with a year earlier, marking the first fall since 2009, the Office for National Statistics said.
The decline compares with inflation at 1.9pc and will make grim reading for the Chancellor and the Bank of England as consumers find their incomes even more stretched as prices outstrip wage growth.
http://www.telegraph.co.uk/finance/jobs/11030187/Wage-growth-in-shock-collapse-as-unemployment-rate-continues-to-fall.html
Average weekly earnings contract for first time in seven years amid buoyant jobs market
Wage growth suffered a shock collapse between April and June, even as the unemployment rate fell further, official figures showed on Wednesday.
Average weekly earnings dropped 0.2pc in the three months, compared with a year earlier, marking the first fall since 2009, the Office for National Statistics said.
The decline compares with inflation at 1.9pc and will make grim reading for the Chancellor and the Bank of England as consumers find their incomes even more stretched as prices outstrip wage growth.
http://www.telegraph.co.uk/finance/jobs/11030187/Wage-growth-in-shock-collapse-as-unemployment-rate-continues-to-fall.html
Guest- Guest
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