UK wage growth stalls despite record employment

Rising vacancies and falling unemployment fail to push firms into raising wages

Wage growth has slowed in the UK to put a squeeze on living standards despite unemployment 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.

Wholesale 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).

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Read the original at Economics | The Guardian.