Wage growth - The only way is up?

Wage growth - The only way is up?

Wage growth is the missing ingredient in the UK economic recovery. In the attached we take a look at the prospects for improved wage growth, giving consideration to surveys, productivity and slack in the labour market. Whilst there are some signs of wage pressures building, we expect weak productivity growth to keep a lid on any rises.

Economic Analysis

10 March 2014

Weak productivity growth means weak wage growth. That should change.



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