British real wages are expected to climb early in 2020 to levels not seen since ...
FILE PHOTO: Workers cross London Bridge during the morning rush hour in London, August 16, 2017. REUTERS/Toby Melville
Pay data adjusted for inflation will be strong at the start of the new year despite economic growth remaining sluggish, raising concerns that the turnaround may not be sustainable, the Resolution Foundation said in its earnings outlook. The labor market, however, has fared well in 2019, with the unemployment rate recently falling back to its lowest level since early 1975.
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