Unemployment falls to 4.1%, close to its level before the Covid pandemic

Pay for workers in Britain has fallen in real terms for the first time in more than a year, despite signs that employers shrugged off concerns over the Omicron coronavirus variant to continue hiring in December.

Average wages, after taking account of inflation, dropped in November for the first time since July 2020 amid growing concerns over the hit to living standards this year from high inflation and surging energy bills.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Do Virgin Money and Tesco Bank deals signal end of the road for the original challenger banks?

Nationwide’s deal to buy Virgin Money marks the second acquisition of a…

Jamie Foxx apologizes after Instagram post draws accusations of antisemitism

‘I want to apologize to the Jewish community,’ says actor, who clarified…

Steve Bell on Tony Blair and the NHS – cartoon

Continue reading…

The agony of acne: ‘I channelled adolescent turmoil into a fixation with my face’

I was 14 when the spots arrived, turning a boy who got…