Pay rises outstrip inflation by most for two years

Wages have risen faster than inflation by the most for two years, but there are signs the jobs market is starting to weaken.

Regular pay rose at an annual rate of 7.7% between July and September, faster than price rises over the same period.However, official figures showed that wage rises are starting to slow in some industries.And while the UK’s unemployment rate was unchanged at 4.2%, the number of job vacancies has continued to fall.

source:bbc

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