UK pay growth rises to 11-year high, job creation beats forecasts

LONDON (Reuters) - Britain’s labour market showed unexpected strength in the second quarter, in sharp contrast with last week’s figures showing economic contraction over the same period as the country gears up for Brexit.

Total earnings growth, including bonuses, rose by an annual 3.7% in the three months to June, official data showed, the highest rate since June 2008 and rising from 3.5% in May, and in-line with forecasts in a Reuters poll of economists.

source: Reuters

2019-08-13 12:29
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