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UK jobs market ‘loses momentum’ as real wage squeeze continues – business live

UK jobs market ‘loses momentum’ as real wage squeeze continues – business live

November 20, 2017 By Robert M Leave a Comment

Real wages are the center of debate for those concerned with employment. The real wage squeeze continues in the UK jobs market too. People are concerned with the trajectory that the UK jobs market is taking. It has lost momentum and will not produce wages that people actually need. Big decisions loom in the future for the UK jobs market itself. The economy of the UK will have to focus on job production to regain that momentum.

Key Takeaways:

  • Economical down turn in the United Kingdom spells bad news for the job market.
  • Inflation brings about hard times for the British youth in the labor market.
  • Wages in the United Kingdom grew by only 2.2%, staying below inflation yet again.

“UK jobs market ‘loses momentum’ as real wage squeeze continues – as it happened”

Read more: https://www.theguardian.com/business/live/2017/nov/15/uk-unemployment-rate-real-wage-squeeze-business-live

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Related posts:

  1. Why isn’t the US job market more dynamic? – American Enterprise Institute
  2. Data Analytics Outsourcing Market – Global Forecasts, Market Size, and Growth Prospects by Technavio – Business Wire (press release)
  3. Most Americans unaware that as US manufacturing jobs have disappeared, output has grown – Pew Research Center
  4. ‘Depression lost me my job’: How mental health costs up to 300000 jobs a year – BBC News

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