LONDON: UK unemployment has steadied but wages continue to lag sky-high inflation, official data showed Tuesday, fuelling a cost-of-living crisis and mass strike action.The unemployment rate was unchanged at 3.7 percent in the three months to the end of November compared with the three months to the end of October, the Office for National Statistics (ONS) said in a statement.Wages jumped 6.4 percent over the same period -- but sank by 2.6 percent in real terms, with British inflation stuck at the highest level in decades.“The real value of people’s pay continues to fall, with prices still rising faster than earnings,“ said Darren Morgan, ONS director of economic statistics.“This remains amon
Hence then, the article about uk unemployment stable but inflation slams wages data was published today ( ) and is available onDaily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( UK unemployment stable but inflation slams wages: Data )