Sat. Nov 2nd, 2024
Occasional Digest - a story for you

WAGES are rising for millions of workers across the UK, new figures reveal.

Growth in regular pay, excluding bonuses, grew by 6% between January and March, compared to the same time period last year.

Wages are rising for millions of workers across the UK1

Wages are rising for millions of workers across the UKCredit: Getty

The latest figures from the Office for National Statistics (ONS) also reveal wages in real terms grew by 2% for regular pay.

Wage growth in real terms takes into consideration how much salaries are rising in comparison to inflation.

It means workers’ wages are keeping above the cost of living.

Source link