UK job vacancies and numbers employed both hit record highs
by Phillip Inman from on (#3E4SZ)
Shortage of skilled staff helps raise pay but wage growth still lags behind inflation, official figures show
The pressure on employers to find skilled staff appeared to push up wages by more than expected in November as UK job vacancies reached a new peak.
City economists had expected the uncertainty surrounding the Brexit talks to limit wage rises, excluding bonuses, to 2.3%, the same rate as in October, but they increased to 2.4% in the three months to November. The figure rose to 2.5% when bonuses were included.
Related: Brexit helped push down living standards in 2017 - experts debate the data
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