by Phillip Inman on (#4F318)
Rising vacancies and falling unemployment fail to push firms into raising wagesWage growth has slowed in the UK to put a squeeze on living standards despite the unemployment rate falling to its lowest level for more than 40 years.The fall in pay growth to 3.3% on the year in the three months to March, from 3.5% in the three months to February, also came as the buoyant labour market recorded a rise in employment to a new high of 32.7 million.Related: 'You can’t really win': 4m Britons in poverty despite having jobsWholesale and retail trade, repair of motor vehicles and motor cycles (139,000).Human health and social work activities (134,000).Accommodation and food ( 92,000).Professional, scientific and technical activities (80,000).Manufacturing (61,000). Continue reading...