Negotiated wages in the eurozone saw a slight cooling trend in the fourth quarter, offering a positive signal for European Central Bank policymakers as inflationary pressures start to alleviate. Decrease in Wage Growth In the period from October to December, negotiated wages rose by 4.5% compared to a 4.7% increase in the previous quarter, according to data unveiled by the … [Read more...] about Eurozone Negotiated Wage Cooling
Wage Growth
UK Unemployment Rate Slightly Rises, Wage Growth Ahead of Inflation
The jobless rate in the United Kingdom increased slightly during the three months leading up to July. However, wage growth remained steady and is now surpassing inflation, which could potentially alleviate some of the pressure on the Bank of England in its efforts to monitor the cooling labor market. According to data released by the Office for National Statistics on Tuesday, … [Read more...] about UK Unemployment Rate Slightly Rises, Wage Growth Ahead of Inflation
