UK wage growth slows as jobs market continues to cool – business live

UK wage growth slows as jobs market continues to cool – business live - short news


Rolling coverage of the latest economic and financial news, as pay growth slows and unemployment remains at a four-year high

Monica George Michail, associate economist at the National Institute of Economic and Social Research (NIESR), predicts wage growth will slow further by the end of the this year:

“Today’s figures show that unemployment stands at 4.7%, its highest level in four years, and hiring momentum is rapidly slowing, with the number of jobseekers more than double..


Read more on The Guardian

source: The Guardian - 16.09.2025

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