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.
- 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”