Positive real wage growth gives workers a chance to claw back some of the purchasing power lost during high inflation
Published byCIPD16 Apr 2024|StatisticsPositive real wage growth gives workers a chance to claw back some of the purchasing power lost during high inflationA cooler labour market may lessen the focus on inactivity and ill-health, but policymakers and employers must continue to help people get into and stay in workResponding to today’s ONS labour market figures, Jon Boys, senior labour market economist for the CIPD, the professional body for HR and people development, comments: “W