Pantheon Macroeconomics

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12th Jan 2022 18:00U.K., Daily Monitor

  • The proportion of workers changing jobs surged in 2021 to reach its highest level in the past 20 years...
  • ...But lower confidence and a sluggish housing market will drive job moves back to pre-Covid norms this year.
  • Job-to-job moves also will trend down in the 2020s as the population ages, bearing down on wage growth.

career confidence consumer consumer confidence cpi growth housing housing market income it jobs labour market mortgage mortgage approvals mortgages population real incomes remain tax unemployment wage wages

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Keywords for: Job Moves to Revert to Normal Levels this Year, Dampening Wage Growth

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