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Wage growth slows again – but it is still outpacing inflation

January 16, 2024

Via: MoneyWeek
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Wage growth has fallen sharply from 7.3% to 6.6%, while vacancies dropped further in the longest run of declines on record.

The Office for National Statistics (ONS) said private sector regular earnings, excluding bonuses, rose by 6.6% in the three months to November.

Meanwhile, the estimated number of vacancies in the UK fell by 49,000 to 934,000 between October and December, marking the 18th time in a row they have dropped.

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