Inflation has fallen again on all measures, according to the latest figures from the Office for National Statistics.
The latest figures from the Office for National Statistics (ONS) indicate that the labour market remains relatively tight with a significant rise in employment, and a small increase in unemployment.
Continue reading The labour market remains robust
Our latest analysis of pay review outcomes shows the whole-economy median remains steady at 2% but the median for awards in private services has increased to 2.6%. This is based on 90 pay awards monitored by IDR in the three months to the end of September.
Our latest pay settlement analysis shows the private sector median is unchanged at 2.5% in the three months to the end of August. Meanwhile the whole economy median has fallen from 2.4% in July to 2% in August, owing to the inclusion of some lower-level awards in the not-for-profit and public sectors. Continue reading Settlements in brief: private sector median unchanged at 2.5%