“wages not keeping pace with inflation ” https://gu.com/p/6ezve/stw UK only country where workers getting poorer whilst country getting richerpic.twitter.com/IMDR5ZiVpb
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Interested how unemployment rate fits into that graph. Some countries may think higher unemployment price worth paying for wage growth.
Of named countries recording GDP growth 1/2 have unemployment rate lower than UK, 1/2 higher. Only France & Slovakia much higher than UK
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I'm surprised so many countries have such low unemployment rates.
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UK is one of about a dozen OECD countries with unemployment rates below 5% - all the others are seeing wage growth.
End of conversation
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