Wages rise – but slower than prices - a podcast by BBC Radio 4
from 2022-02-15T10:44
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UK wage growth continued to lag behind the rising cost of living between October and December, figures show. Wages rose, but when taking inflation into account, pay showed a 0.8% fall from a year earlier, says the Office for National Statistics.
Latest figures also show that the unemployment rate fell to 4.1% while job vacancies hit a fresh record high.
Today's Justin Webb met employers in Derby trying to get back on their feet after Covid but also struggling with keeping people on.
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