Pantheon Macroeconomics - It's tempting to conclude that the pick-up in year over-year growth in average weekly wages, excluding bonuses, to a three-year high of 3.1% in July, from 2.8% in June, signals that employees' bargaining power has strengthened and that a sustained wage recovery now is under way.

U.K. | 12 September 2018 Wage Growth Won't Remain Above 3% this Year, Despite July's Leap
It's tempting to conclude that the pick-up in year over-year growth in average weekly wages, excluding bonuses, to a three-year high of 3.1% in July, from 2.8% in June, signals that employees' bargaining power has strengthened and that a sustained wage recovery now is under way.

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12 September 2018 Wage Growth Won't Remain Above 3% this Year, Despite July's Leap

By Samuel Tombs

It's tempting to conclude that the pick-up in year over-year growth in average weekly wages, excluding bonuses, to a three-year high of 3.1% in July, from 2.8% in June, signals that employees' bargaining power has strengthened and that a sustained wage recovery now is under way.

Posted: 12th Sep 2018 in 'U.K.'

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