UK pay growth picks up as unemployment rate falls again
by Larry Elliott Economics editor from Economics | The Guardian on (#2ZD2D)
Living standards still face squeeze as earnings have failed to keep pace with rising inflation
UK pay growth has started to edge up amid signs that the lowest level of unemployment since the mid 1970s may be increasing workers' bargaining power.
Office for National Statistics figures showed that earnings growth in the three months to June was 2.1% higher than in the same period in 2016, and up from 2% in the three months to May and a recent low of 1.8% in April.
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