free hit counter Wage rate slows again as unemployment rises – what it means for YOUR wallet – My Blog

Wage rate slows again as unemployment rises – what it means for YOUR wallet

AVERAGE earnings across the country have slowed once again in a fresh hit to workers.

The average weekly earnings, excluding bonuses, grew by 5.2% between February to April this year, according to new figures from the Office for National Statistics (ONS).

The annual growth in total earnings including bonuses was 5.3%.

Last month, figures revealed wage growth was at 5.6% excluding bonuses.

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