WAGES are still on the rise for millions of workers across the UK.
Official figures released today by the Office for National Statistics (ONS) have revealed that basic pay is still growing.
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Growth in regular pay, excluding bonuses, stood at 5.6% in the 12 months to January this year.
That was down from 6.2% in the three months to December last year.
Taking into account inflation, which measures how much prices are rising, annual total pay increased by 1.4% in a boost for workers.
The ONS also said average weekly earnings were estimated at £672 for total earnings and £627 for regular earnings in January.
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Liz McKeown, director of economic statistics at the ONS, said: “Recent recent trends in the jobs market are continuing with earnings, in cash terms, growing more slowly than recently but, thanks to lower inflation, real terms pay continues to increase.”
Meanwhile, the rate of unemployment rose to 3.9% in the three months to January from 3.8% the previous three months, the ONS said.
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